Archive for July 30th, 2009

ALU CEO hints at business unit sales, more co-sourcing deals

Alcatel-Lucent (NYSE:ALU) CEO Ben Verwaayen isn’t done tinkering with his company yet. After selling off its stake in defence contractor Thales and entering into a major alliance with HP (NYSE:HPQ) to sell integrated communications and IT solutions, Verwaayan said there are plenty more plans in the works for more co-sourcing deals, the possibility of outsourcing some of its own product development and even the sale of some of its product divisions. more

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