Permira in lead for Alcatel Lucent Enterprise

The private equity house is believed to have offered close to $1.3bn for the division. Trade buyers Avaya and Cisco reportedly dropped out of the race, while Siemens Enterprise Communications' bid was apparently rejected for the time being.

Talks are still underway with other potential buyers, with a view to close the process over the summer.

The portfolio of assets includes call centres and video conferencing software distributor Genesys, among other businesses. Alcatel Lucent Enterprise generates revenue of around €1bn according to analyst estimates.

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