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By | Kat Hall 26th April 2016 11:13

Alcatel-Lucent embarks on cloudy board shake-up

Post-buyout biz searches for new revenue models

Networking biz Alcatel-Lucent Enterprise is replacing its chief exec Jeff Ma with Jack Chen, as the outfit vows to make itself all about the cloud.

Prior to joining Alcatel, Chen was the head of the Asia Pacific and China region at Alcatel and its China Wireless biz.

The biz has also unveiled a new cloud strategy to provide customers consumption-based product lines "in this new “as-a-service” economy."

Chen will take a strategic role "improving positioning in vertical sectors, accelerating cloud-based business models and growing annuity-based services," said the firm's press release.

Ma said: “Over the past six months, we have put in place a business strategy to go after new market opportunities and a new management team to lead the transformation of ALE. The new CEO will build on the work that the organisation has done and drive growth for ALE.” ®

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