LGS Innovations Sold to U.S. Investment Firms for $200M; Kevin Kelly Comments
Posted on: December 23, 2013

GovConWire
Jay Clemens
December 23, 2013

Alcatel-Lucent (NYSE: ALU) has sold the company’s government technology subsidiary LGS Innovations to two U.S. investment firms for around $200 million in a move that will enable LGS to chase market and customer opportunities that it may not have been able to previously go after under Alcatel, LGS CEO Kevin Kelly told PCWorld Friday.

Read the full story here: http://www.govconwire.com/2013/12/lgs-innovations-sold-to-u-s-investment…

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