Make no bones about it. Lucent’s decision to merge with Alcatel is the admittance of complete and total failure on the part of Lucent to create value in any meaningful way. Had Lucent focused on creating value by solving the problems their customers didn’t know about, instead of just “monetizing” their patents, Lucent would not be merging. Who would have thought this would be Lucent’s fate when they split from AT&T.
