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Avanex Buying Oplink for $283 Million

FREMONT, Calif., March 20 -- Avanex Corp. has agreed to acquire Oplink Corp. in a stock deal worth about $283 million. The companies said that the combined company, to be known as Avanex, will be able to rapidly introduce innovative, cost-effective, next-generation products. "By combining Avanex's...Read full article

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