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History
In 1995, Lucent Technologies was spun off from AT&T, and Lucent spun off units of its own in an attempt to restructure its struggling operations.[7]
Avaya was then spun off from Lucent as its own company in 2000 (Lucent would merge with Alcatel SA in 2006, becoming Alcatel-Lucent, in turn being purchased by Nokia in 2016). It remained a public company from 2000 to 2007. In October 2007, Avaya was acquired by two private-equity firms, TPG Capital and Silver Lake Partners, for $8.2 billion.[8][9]
In January 19, 2017, Avaya filed for Chapter 11 bankruptcy.[10]
On December 15, 2017, it once again became a public company, trading under the NYSE stock ticker AVYA.[1]
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