European Industry News

SICRAL 2 military telecommunications satellite is launched

The SICRAL 2 military telecommunications satellite was successfully launched on April 26 with an Arianespace launch vehicle from Europe's Spaceport in Kourou, French Guiana. SICRAL 2 is a joint program between the Ministry of Defense in Italy and Direction Générale de l’Armement (DGA) in France for the benefit of Italian and French armed forces, with stakes of 62 percent and 38 percent respectively. It is conducted by Thales Alenia Space and Telespazio, the two companies in the Space Alliance created by Finmeccanica and Thales.


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Nokia to buy Alcatel-Lucent in an all-share transaction

Nokia and Alcatel-Lucent announce their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share.


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