g******4
发帖数: 6339 | 1 A company owned by an investor group led by Madison Dearborn Partners plans
to pay as much as $200 million for an Alcatel-Lucent S.A. subsidiary.
The Madison Dearborn company, which includes technology investor CoVant, is
buying the LGS Innovations satellite-communications subsidiary. LGS also
supplies optical routers and other secure-networking products and services
to the U.S. security and defense industry.
Half of the price will be paid when Chicago-based private-equity firm
Madison Dearborn completes the LGS purchase in the first quarter of 2014,
and the remainder will depend on the business’ earnings next year, Alcatel-
Lucent said. U.S. authorities must approve the transaction.
“We plan to capitalize on LGS Innovations’ competitive positioning and
work to expand its presence within the U.S. government and drive its revenue
by broadening its customer base, products, and solutions,” Joseph Kampf,
CEO of McLean, Va.-based CoVant, said in the statement.
The sale is network-equipment maker Alcatel-Lucent’s latest step in
disposing of assets to reduce costs.
Alcatel-Lucent CEO Michel Combes has laid out plans to reduce the French
manufacturer’s spending by 1 billion euros ($1.36 billion) and selling at
least another 1 billion euros of assets by 2015, as well as focus on faster-
growing businesses including ultra-high-speed Internet.
http://www.chicagobusiness.com/article/20131220/NEWS07/13122999 | g******4
发帖数: 6339 | 2 Overview
Madison Dearborn Partners, LLC (“MDP”) is a leading private equity
investment firm based in Chicago, Illinois. Since MDP’s formation in 1992,
the firm has raised six funds with aggregate capital of over $18 billion
and has completed investments in approximately 125 companies.
http://www.mdcp.com/overview/ | g******4
发帖数: 6339 | 3 With more than 300 scientists and engineers and nearly 650 employees serving
Federal Civilian Agencies, the Department of Defense, and the Advanced
Programs community, LGS Innovations helps agencies develop next-generation
technologies to power future government networks. Whether the need is in the
U.S., in allied countries, or in high threat areas around the globe, LGS
Innovations delivers value, quality and technical excellence for our
customers—every day.
http://www.lgsinnovations.com/about-us |
|
