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Website: http://www.lucent.com Lucent Technologies designs and develops systems, services and software that power communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide. The company is divided into three business groups: Network Solutions Group, Lucent Worldwide Services and Bell Labs. Bell Labs is the largest R&D organization focused on the communications networking needs of the U.S. Researchers at Bell Labs have received six Nobel Prizes in Physics, nine U.S. National Medals of Science and eight U.S. National Medals of Technology. Its scientists and engineers also have earned more than 31,000 patents since 1925. In fiscal 2004, Lucent had revenues of $9.0 billion and net income of $2.0 billion. The company had reported a loss the previous two years. History Lucent Technologies was formed in February, 1996 as a spinoff from AT&T of its systems and technology unit. The company went public in April, 1996. On Sept. 30, 2000, the enterprise networking group was spun off as Avaya Inc. On April 2, 2001, Agere Systems, Lucent's microelectronics business, completed an IPO. Benefits The following benefits are available to most non-union employees. Earnings and Savings Programs Updated July 31, 2005 |