Once Again, Alcatel-Lucent Hangs Out The ‘Help Wanted’ Sign
After a more-than-four-year ride as Alcatel-Lucent’s CEO, Ben Verwaayen is leaving the company, in part due to an unfulfilled promise to produce stockholder dividends. He will stay on until the company hires a new leader. Notes Chairman Philippe Camus, “Over the last few years, Ben has set a new direction, created one company out of two, and has recently seen through the completion of the stabilization of the company’s balance sheet, enabling us to move forward with confidence.” Maybe, but Alcatel-Lucent has lost a lot of legacy business to the likes of Ericsson and Huawei, and there has been talk in the analyst community regarding piecemeal sales of several of its divisions. Verwaayen, no stranger to the corporate world (having headed BT along with a spate of leadership positions with Lucent, KPN and ITT), believes provision of more IP and next-gen wireless gear could be the company’s salvation.
Forbes Names Top 100 Tech Hopefuls
Earlier today, Forbes released its second annual rankings of the Top 100 most promising privately held, high-growth American companies. To no one’s surprise, they’re all about technology, and three companies regularly service the broadband arena. Portland, Ore.-based Elemental Technologies (23) reformats broadcast video for Web and wireless delivery. Clients include the BBC, ABC News and HBO GO. TOA Technologies (81) markets tracking software that follows the mobile workforce. Gathered data is used to notify customers about deliveries, to reduce shipping times and to coordinate appointments. Customers of the Cleveland concern include Virgin Media and DISH. And NYC-based Livestream (86) sells hardware/software for IPTV. Its customers include HBO, Facebook and Nike. According to Elemental, it moved up more than 30 spots in a year.

The Daily


Fuse Returns to Comcast

Comcast is bringing Fuse channels back to its lineup and making the company’s streaming platform Fuse+ available on X1, Flex and XClass TVs.

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