• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 14. Mergers and Acquisitions (M&... > Case Study—The Sale of Chromatis to ...

Case Study—The Sale of Chromatis to Lucent

In May 2000, Lucent Technologies announced it was acquiring an almost unknown private company, Chromatis, for approximately $5 billion in Lucent stock. An analysis of the foundation and sale of Chromatis sheds light on and provides a practical example of some of the issues reviewed in this book, with an emphasis on issues relating to the company's sale.

Beginnings

Chromatis was founded in 1997 by Dr. Rafi Gidron and Orni Petrushka, two men who had cooperated before when they founded Scorpio Communications and sold it to U.S. Robotics for $72 million in cash in August 1996. Petrushka continued managing Scorpio under its new ownership, and Dr. Gidron worked at U.S. Robotics headquarters until it was bought out by 3Com.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint