History
Alcatel Alenia Space was established on June 1, 2005 by the merger of Alcatel Space and Alenia Spazio and was owned by Alcatel-Lucent (67%) and Finmeccanica (33%). The company was Europe's largest satellite manufacturer.
The creation of the company was concurrent with the creation of Telespazio Holding. This too was a merger of Finmeccanica and Alcatel businesses (Telespazio and Alcatel's Space Services and Operations respectively).
On April 5, 2006 Alcatel agreed to sell its share of Alcatel Alenia Space (and its 33% share of Telespazio) to Thales Group.
The European Union agreed in this financial operation on April 10, 2007.
Read more about this topic: Thales Alenia Space
Famous quotes containing the word history:
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)
“If usually the “present age” is no very long time, still, at our pleasure, or in the service of some such unity of meaning as the history of civilization, or the study of geology, may suggest, we may conceive the present as extending over many centuries, or over a hundred thousand years.”
—Josiah Royce (1855–1916)