Press Release
Paris, November 04, 2014
Alcatel-Lucent (Euronext Paris and NYSE: ALU) has announced today that its subsidiary, Alcatel-Lucent Submarine Networks (ASN), has closed the acquisition of Optoplan AS, a leading provider of 4D permanent reservoir monitoring (PRM) solutions used in offshore oil and gas production.
Based in Trondheim, Optoplan has developed a leading, field-proven 4D PRM technology for seismic surveys of oil or gas reservoirs. Combined with ASN’s leadership in submarine optical fiber systems and marine capabilities, this acquisition will enable ASN to deliver first-to-market a fully integrated offer in this field.
ABOUT OPTOPLAN AS
Optoplan AS is a Norwegian a company that has pioneered optical fiber sensing within oil and gas applications over the past 30 years. Optoplan was a subsidiary of Weatherford International Ltd and Wavefield Inseis, which was acquired by the CGG Group in 2009. Since then, Optoplan is fully owned by Sercel, a subsidiary of the CGG Group, a fully integrated geosciences company.
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
We are at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, and to enterprises and institutions throughout the world. Underpinning us in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of the Group and one of the world’s foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Our innovations have resulted in our Group being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012’s Top 50 “World’s Most Innovative Companies”. We have also been recognized for innovation in sustainability, being named Industry Group Leader in the Technology Hardware & Equipment sector in the 2014 Dow Jones Sustainability Indices review, for making global communications more sustainable, affordable and accessible, all in pursuit of the Group’s mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2013, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.
