In the past two years, Lucent has gone on a buying spree, snatching up 14 
companies with key market positions or technologies. Here's a sampling:


COMPANY                 PRICE           WHAT IT DOES
ACQUISITION DATE


VOICE SYSTEMS

OCTEL               $1.8 billion        The leading maker of
COMMUNICATIONS                          voice-mail systems
July '97                                teams up with the top
                                        rival to its own market.


DATA NETWORKING

YURIE SYSTEMS       $1.06 billion       A startup maker of data
April '98                               switches aimed at
                                        smaller networks, but
                                        it hasn't made
                                        big inroads yet.

LIVINGSTON          $610 million        A rival to Ascend and
ENTERPRISES                             3Com in Net access
October '97                             gear. Hasn't gained
                                        much market share
                                        to date.

PROMINET            $164 million        One of a dozen pioneers
December '97                            in fast switches for
                                        corporate networks.

ASCEND              $19.7 billion       The No. 1 seller of Net
COMMUNICATIONS                          access gear and high-
January '99                             octane data switches for
                                        the Internet.

SOFTWARE
KENAN SYSTEMS       $1.48 billion       A provider of advanced
January, '99                            billing and customer
                                        care software.