The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Lucent announced in December 2000 that its Microelectronics Group would take the name Agere Systems, using the name of a company Lucent had acquired earlier that year. The announcement was a step in a planned separation, not the date Agere became independent: Lucent completed the spin-off on June 1, 2002.
Why did Lucent rename its Microelectronics Group?
The name announcement accompanied Lucent’s plan to separate its microelectronics business into a standalone company. Agere’s name came from a company Lucent had acquired earlier in 2000; the December announcement applied that name to the Microelectronics Group. The contemporary report also described the planned initial public offering and spin-off, which were distinct stages of the separation. EE Times reported the announcement.
When did Agere become a separate company?
Agere was incorporated in Delaware on August 1, 2000, as a wholly owned Lucent subsidiary. That corporate formation preceded the public name announcement and did not, by itself, transfer the business or make the company independent. Agere’s SEC filing sets out the separation steps.
| Date | Event | What it meant |
|---|---|---|
| August 1, 2000 | Agere Systems Inc. was incorporated in Delaware as a wholly owned Lucent subsidiary. | A legal entity was established for the planned separation; it remained a Lucent subsidiary. |
| December 2000 | Lucent announced that its Microelectronics Group would be renamed Agere Systems. | The business received its new name; the announcement was not the completed spin-off. |
| February 1, 2001 | Lucent transferred substantially all related business assets and liabilities to Agere. | The business transfer occurred, with specified pension and postretirement items transferred later. |
| April 2, 2001 | Agere completed an initial public offering of Class A common stock. | Agere shares began to be publicly offered, but Lucent still held shares. |
| June 1, 2002 | Lucent completed the spin-off by distributing its remaining Agere shares. | Agere became independent of Lucent through the shareholder distribution. |
The distribution went to Lucent shareholders of record on May 3, 2002. Lucent’s filing specifies one Agere Class A share for every 92.768991 Lucent shares and one Agere Class B share for every 3.779818 Lucent shares. Those are the terms of that particular distribution, not a standing exchange ratio. Lucent’s June 2002 filing records the completion and ratios.
Crashes, No Sound, or Screen Glitches?
Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minutePC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11#1 Best Overall
- Total Inventory Of Five To Ten Million Items Featuring Comic Books; Magazines; Books; Brewermania;
- Calendars; Catalogs; CGC Graded Comics; Entertainment Memorabilia; Glass Including Chihuly; Fenton;
- Murano; Posters; Programs; Records; Reference Pubs; Sports Memorabilia; Toys; Trading Cards & More.
What did Agere Systems make?
During the period described in its SEC filing, Agere developed integrated-circuit solutions for high-density storage, mobile wireless communications, enterprise and telecommunications networks, and personal-computer connectivity. Its customers included hard-disk-drive, mobile-phone, communications-system, and PC manufacturers. This describes the business at that time, not current product availability or corporate status. Agere’s filing gives the historical business description.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Frequently Asked Questions
Was Agere Systems part of Lucent?
Yes. Agere was incorporated as a wholly owned Lucent subsidiary in August 2000. Lucent transferred substantially all related business assets and liabilities to it in February 2001, and Agere became independent when Lucent completed the spin-off on June 1, 2002.
Rank #2
- Total Inventory Of Five To Ten Million Items Featuring Comic Books; Magazines; Books; Brewermania;
- Calendars; Catalogs; CGC Graded Comics; Entertainment Memorabilia; Glass Including Chihuly; Fenton;
- Murano; Posters; Programs; Records; Reference Pubs; Sports Memorabilia; Toys; Trading Cards & More.
When did Lucent spin off Agere?
Lucent completed the spin-off on June 1, 2002, distributing its remaining Agere shares to shareholders of record on May 3, 2002.
Quick Recap
Best Value
- Total Inventory Of Five To Ten Million Items Featuring Comic Books; Magazines; Books; Brewermania;
- Calendars; Catalogs; CGC Graded Comics; Entertainment Memorabilia; Glass Including Chihuly; Fenton;
- Murano; Posters; Programs; Records; Reference Pubs; Sports Memorabilia; Toys; Trading Cards & More.
Rank #4
- Size Details: Approx. 15 X 20 cm (6 X 8 inches) / Approx. 20 X 30 cm (8 X 12 inches) / Approx. 30 X 41 cm (12 X 16 inches) Three sizes to choose from!
- Material:These Are High Quality Metal Sign.100% Brand New. Made Of High-Quality Aluminum, Eco-Friendly Wall Pediments. High Quality Waterproof, Non-Glare, Fashionable Design.
- Easy To Hang: There Are Holes, Creases And Rounded Corners At The Corners Of The Signs, Which Are Easy To Install And Avoid Injuries. The Edges Of Each Tin Sign Are Rolled And Hemmed For Safe Handling.
- Applicable Occasion: Metal Signs Fit For Decoration Of Office Home, Porch, Dining Table, Bar, Club, Garage, Restaurant, Cafe Etc.
- Our Service: A Truly Novel Unique Gift Filled With Your Sincere Love, Which Will Bring A Smile To Everyone. We Are Committed To Bringing You The Best Quality Products At The Most Affordable Prices.We Always Insist On Providing Buyers With Good Shopping Experience, If There Are Any Quality Problems Or You Have Any Questions, Please Contact Us, We Will Reply You Within 24 Hours.
Rank #3
- 4 - 8x10 UNFRAMED PRINTS - NOT Canvas or Tin Sign
- UNIQUE WALL ART DECOR - Cool original home decorations for office, living room, bedroom, bathroom, family room, man cave, dorm, dining room, kitchen, classroom, apartment, bar, baby nursery
- PERFECT PRESENT FOR EVERY OCCASION - Cute gift ideas for women, wife, girlfriend, her, girls, daughter, men, guys, boys, son, husband, boyfriend, him, kids, teens, best friend, cat lover, Christmas, Xmas, holiday, Halloween, housewarming, cheap inexpensive gag gifts, presents, bridal shower, wedding, birthday, anniversary
- SO MANY STYLES! Boho, bohemian, abstract, aesthetic, mid century modern, minimalist, contemporary, black art, African American, goth, gothic, pagan, country, rustic, vintage, shabby chic, farmhouse, typography, positive quotes, inspirational, motivational, Zen, religious, Christian, funny sayings, nautical, tropical artwork, beach, arte decoracion, retro, encouragement, glam
- SAVE ON MULTIPLE POSTERS, PRINTS, PHOTOS, PICTURES - See details at left
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
