Lucent Technologies Announces $100 Million Deal to Supply Industry-Leading Power Products

Lucent Technologies, a leader in the telecommunications industry, has announced a significant deal worth approximately $100 million to supply its industry-leading Titania power products to major technology companies, including Sun Microsystems, Ascend, and Intel. The partnership will enable the development of next-generation servers and microprocessors, leveraging Lucent's innovative power technology platform. This revolutionary technology has the potential to significantly enhance system performance by eliminating power as a limiting factor in high-speed systems. Lucent's new division in Austin, Texas, will produce the industry-leading power technology, which will also be used in the company's own next-generation wireless networks.

Key Takeaways:

  • Lucent Technologies will supply its industry-leading Titania power products to Sun Microsystems, Ascend, and Intel for their next-generation servers and microprocessors.
  • The combined total of the transactions is valued at approximately $100 million.
  • The Titania power products are designed by Bell Labs engineers and are the industry's smallest, most reliable, and flexible power supplies.
  • This revolutionary power technology platform can enable higher performance for next-generation communications systems.
  • Lucent has established a new division in Austin, Texas, to produce the industry-leading power technology.
  • Lucent plans to use Titania power products for its own next-generation wireless networks.
  • Lucent has introduced a new power product line, the Austin Series Power Modules, to address the needs of digital signal processor (DSP) and controller chip manufacturers.
  • Bill Spivey, president of Lucent's Network Products Group, stated that the company introduced the Titania Series Power Modules last year and is now focusing on maintaining its advantage in the rapidly changing power industry segment.
  • The power industry is expected to reach total worldwide sales of $19.5 billion in 1999, according to Micro-Tech Consultants.
  • Lucent's Power Systems manufacturing, located in Mesquite, Texas, was awarded the Deming Prize for Quality in 1994 and remains the only US manufacturer to hold this honor.

Statistics:

  • Total value of the transactions: approximately $100 million
  • Total worldwide sales of the power industry in 1999: $19.5 billion, according to Micro-Tech Consultants
  • Lucent's Power Systems manufacturing ranked first in total worldwide sales of power equipment in 1998, according to Micro-Tech Consultants
  • Lucent has approximately 100 million in annual revenue.

Sources:

  • Lucent Technologies PR Newswire, March 30 (no date)
  • Micro-Tech Consultants market research
  • Lucent Technologies website, http://www.lucent.com