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Telecommunications systems

Lucent Acquires Mosaix, Nicor Wins Industrial Contract, and Keebler Earns Excellence Award

Strategic Insights

— 1 min read

In a series of major announcements, Lucent Technologies Inc. has agreed to buy Mosaix Inc. in a $145 million stock deal, expanding its presence in the customer relationship management market. Meanwhile, Nicor Energy LLC has secured a contract with The Valley Industrial Association to become the preferred natural gas supplier for its members. Additionally, Keebler Co. has earned Kraft Foods Inc.'s annual Rick Stuedemann Award for supplier excellence.

Key Takeaways:

  • Lucent Technologies Inc. has acquired Mosaix Inc. in a $145 million stock deal, expanding its presence in the customer relationship management market.
  • The acquisition will enable Lucent to create a record of customer transactions and buying patterns to stimulate more business.
  • Mosaix's software will be integrated into Lucent's operations, with the company expecting the deal to have no effect on fiscal 1999 profit but to slightly boost profit in fiscal 2000.
  • Nicor Energy LLC has signed an agreement with The Valley Industrial Association to become the preferred natural gas supplier for its members through the end of the year.
  • Nicor Energy represents about 200 manufacturers and related entities in the Fox River Valley, including Kane, DuPage, DeKalb, and Kendall counties.
  • Keebler Co. has earned Kraft Foods Inc.'s annual Rick Stuedemann Award for supplier excellence, which honors companies that meet high standards of product quality and cost efficiency.
  • Keebler supplies Kraft with a variety of baked goods, including cookies and crackers.
  • The Valley Industrial Association represents a significant number of manufacturers and related entities in the Fox River Valley.

Statistics:

  • $145 million: The value of the stock deal between Lucent Technologies Inc. and Mosaix Inc.
  • 200: The number of manufacturers and related entities represented by The Valley Industrial Association.
  • 3: The number of regions served by Nicor Energy LLC, including Kane, DuPage, DeKalb, and Kendall counties.
  • 1999: The fiscal year in which the acquisition of Mosaix Inc. is expected to have no effect on Lucent's profit.
  • 2000: The fiscal year in which the acquisition of Mosaix Inc. is expected to slightly boost Lucent's profit.

Sources:

  • Lucent agrees to buy Mosaix

* Source: Lucent Technologies Inc., "Lucent Agrees to Buy Mosaix"

  • Nicor wins industrial contract

* Source: Nicor Energy LLC, "Nicor Energy LLC Signs Preferred Natural Gas Agreement with The Valley Industrial Association"

  • Keebler earns excellence award

* Source: Kraft Foods Inc., "Kraft Foods Inc. Awards Keebler Co. with Rick Stuedemann Award for Supplier Excellence"

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