Alcatel-Lucent (ALU -3.4%) is still eying patent sales as a way to raise needed cash, says CFO...


Alcatel-Lucent (ALU -3.4%) is still eying patent sales as a way to raise needed cash, says CFO Paul Tufano. Alcatel, which has nearly 30K issued patents and 15K pending patents, tried working with RPX (RPXC) earlier this year to monetize its IP, but that deal didn't go as planned. Reuters previously reported Alcatel is thinking of selling its declining submarine optical networking and enterprise phone businesses, moves Goldman estimates could raise up to €400M ($509M).

From other sites
Comments (1)
  • bd4uandu
    , contributor
    Comments (2074) | Send Message
     
    Of the 45K patents pending or owned. How many are still relevant?
    16 Nov 2012, 08:00 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs