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JDS Uniphase Buys Ditech Communications Optical Unit

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MOUNTAIN VIEW, Calif., July 17 -- Ditech Communications Corp., a developer of voice intelligibility technology for communications networks, announced yesterday it has completed the sale of its optical communications business unit to JDS Uniphase. Ditech said the transaction enables it to focus on its voice business and adds to JDS Uniphase's abilities to integrate optics, electronics and software in subsystems for optical equipment manufacturers. JDS Uniphase paid approximately $1.6 million in cash at the closing and will make additional payments of up to $4.9 million in cash based on the...Read full article

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    Published: July 2003
    CommunicationsNews & Features

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