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JDSU to Acquire Picolight

Photonics Spectra
Apr 2007
A provider of broadband and optical products, JDSU of Milpitas, Calif., has agreed to acquire Picolight Inc., a designer and manufacturer of optical pluggable transceivers. Under terms of the agreement, JDSU will purchase the Louisville, Colo., company for approximately $115 million in JDSU stock and up to $10 million in cash, subject to the achievement of certain revenue goals in 2007. With the addition of Picolight’s pluggable optics technology, JDSU expects to strengthen its presence in the market for optical interconnect applications in the data center, enterprise, storage area and metropolitan networking sectors.


GLOSSARY
broadband
Indicating a capability to deal with a relatively wide spectral bandwidth.
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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