NETWORKING

  • 05/24/2004
    6:00 PM
  • Network Computing
  • News
  • Connect Directly
  • Rating: 
    0 votes
    +
    Vote up!
    -
    Vote down!

Lucent Acquiring Internet Phone Provider Telica

Lucent Technologies has agreed to buy Telica, a privately held Internet phone service provider, for about $295 million in stock and options, the telecommunications giant announced Monday.

Lucent also said the acquisition could dilute fiscal 2005 per-share earnings by 1 to 2 cents, while having a neutral to slightly beneficial effect in the following fiscal year.

Telica has about 250 employees worldwide, with the vast majority at its headquarters in Massachusetts.


Log in or Register to post comments