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Casix Laser Inc. Acquired by JDS

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NEPEAN, Ontario, Canada, May 9 -- Fujian Casix of Fuzhou, Fujian, China was purchased by JDS Uniphase on Monday. Casix will function as a wholly owned subsidiary of JDS. The acquisition of Casix represents an important move in our global manufacturing strategy, said Jozef Straus, co-chairman, president & COO of JDS. The Casix management team has demonstrated strong leadership skills which we expect will serve us well for our first venture in China. In addition, we believe the advanced materials science expertise at Casix is a key to new generations of components for optical networks....Read full article

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    Published: May 2000
    CommunicationsindustrialNews & Features

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