Agere Systems
Allentown
About Agere Systems
Agere Systems (formerly Lucent ME) is a network processor company providing datacom and telecom equipment manufacturers with powerful multi-protocol solutions for complex Layer 2 through 7 processing. Agere was founded to develop and commercialize a proven, patented technology for the construction of wire-speed programmable routers, switches and network management equipment. Agere enables system vendors to provide carriers, service providers and enterprises with the ability to quickly offer new OC-12, OC-48, and Gigabit Ethernet services.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Delisted
- Employees: 10,001+
- Total funding: $12.0M
- Funding stage: M&A
- Last round: Series B (Nov 1999)
- Ticker: nyse:AGR
- Website: agere.com
Industries & Categories
Communication Hardware, Manufacturing, Network Hardware, Telecommunications
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