JDS Uniphase Invests in Avantas Networks
NEPEAN, Ontario, Canada, Jan. 12 -- JDS Uniphase Corp., designer of fiber optic products for the telecommunications and cable television industries, has completed a minority equity investment in Avantas Networks Corp., a privately held telecommunications network testing equipment company based in Montreal, Quebec. The terms of the investment were not disclosed. No approvals under Canadian or US antitrust or competition laws are required in connection with the investment.
We have made this investment because we believe that Avantas' technology can help our customers more effectively deploy and manage their increasingly complex networks, said Joe Ip, senior vice president of product strategy for JDS Uniphase. Together we can better understand our customers' current and future needs, not only in regards to network testing, but across all aspects of network architecture and design.
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