JDSU to Acquire Holograph Company

JDSU of Milpitas, Calif., has announced an agreement to acquire American Bank Note Holographics Inc. of Robbinsville, N.J., for $138 million in cash and JDSU stock. The latter company is involved in the origination, production and marketing of holograms for security applications and in supplying optical security devices for the transaction card market. The California-based company said that the acquisition will allow it to enhance its position in security solutions for brand protection.