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Alcatel-Lucent and Thales have signed a final agreement for the transfer of Alcatel-Lucent’s transportation, security and space assets to Thales, the companies announced Dec. 4.
The deal follows a space alliance agreement among Alcatel-Lucent, Thales and Finmeccanica, in which Finmeccanica agreed to the transfer of Alcatel-Lucent’s shares in Alcatel Alenia Space and Telespazio, a pair of joint ventures between Alcatel-Lucent and Finmeccanica.
Thales will convene an extraordinary general shareholders’ meeting Jan. 5 to approve the transfer of the transportation and security assets. Thales then will provide the European Commission with a plan regarding the transfer of space activities by no later than April.
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