Manufacturing Industry

Optical correction - The Antenna - Solectron-Lucent deal - Brief Article

Electronic News, June 3, 2002

SOLECTRON INKED A THREE-YEAR AGREEMENT WITH LUCENT that could be worth more than $2 billion. To close the deal, Solectron has leased a portion of Lucent's facility in North Andover, Mass.; hired 540 former Lucent employees; and bought about $100 million in equipment and inventory. Looks like someone was driving a hard bargain.

COPYRIGHT 2002 Reed Business Information
COPYRIGHT 2002 Gale Group

 

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