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Encyclopedia > Agere

Agere Systems Inc. is a company that was spun-off from the Microelectronics Group of Lucent Technologies on June 1, 2002. Agere was the name of a Texas-based electronics company that Lucent had acquired in 2000. The company currently develops, integrates and sells optoelectronic and integrated circuit components used in high speed communications networks. As of 2002, the company planned to exit the optoelectronics market by June 2003.


External links

  • Lucent press release on formation of Agere (http://www.lucent.com/press/1200/001205.mea.html)
  • Yahoo! _ Agere Systems Inc. Company Profile (http://biz.yahoo.com/ic/102/102887.html)



  Results from FactBites:
 
Agere Systems - Wikipedia, the free encyclopedia (97 words)
Agere Systems Inc. is a Delaware corporation which designs and sells integrated circuit components.
Agere was incorporated on August 1, 2000 as a subsidiary of Lucent Technologies and then spun-off on June 1, 2002.
Agere's headquarters is located in Hanover Township, Lehigh County, Pennsylvania.
Agere IPO could raise $7.4B - Feb. 7, 2001 (332 words)
The Agere IPO is still targeted for the end of March, a Lucent spokesman said.
Agere employs 16,500 people and had a loss of $76 million on $4.7 billion revenue in fiscal 2000.
Agere competes with Agilent Technologies Inc. (A: Research, Estimates), Corning Inc. (GLW: Research, Estimates), JDS Uniphase Corp. (JDSU: Research, Estimates) and Nortel Networks Corp. (NT: Research, Estimates).
  More results at FactBites »

 
 

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