Murray Hill-based Lucent Technologies (NYSE: LU) yesterday said it will spin off three of its units, forming a separate company that will focus directly and independently on the enterprise networking ...

Murray Hill-based Lucent Technologies (NYSE: LU) today said it will spin off Avaya, formerly the Enterprise Networks Group of Lucent Technologies, by paying a special stock dividend to its ...

BOSTON — Lucent Technologies Inc. is spinning off its PBX, Systimax structured cabling and data business based on LANs (local area networks) to shareholders, creating a separate company aimed at the ...