Alcatel and Lucent didn't really trouble the image makers with their new name.

The company has opted for Alcatel Lucent, according to an invitation to a special Lucent shareholder meeting on 7 September.

The merger will bring together two of the world's biggest networking vendors into a company with estimated annual revenue of about €21 billion (US$25 billion).

Both companies are major vendors to service providers. Alcatel has remained in the enterprise communications business, while Lucent spun off its enterprise segment as Avaya in 2000.

Lucent shareholders will own about 40 percent of the combined company, with Alcatel investors holding the rest. The companies said in April they expected regulatory and shareholder approvals within six months to a year. The European Commission gave its approval last month.

Pat Russo, Lucent chairman and chief executive officer (CEO), will run Alcatel Lucent from Paris, which is Alcatel's home base. She will be CEO, while current Alcatel chairman and CEO Serge Tchuruk will be non-executive chairman.