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JDS Uniphase Plans Merger with Longtime Supplier OCLI

Photonics Spectra
Dec 1999
JDS Uniphase Corp. of San Jose, Calif., and Optical Coating Laboratory Inc. (OCLI) of Santa Rosa, Calif., have signed a merger agreement under which OCLI will operate as a wholly owned subsidiary of JDS Uniphase. The companies expect the $2.8 billion deal to be finalized in early 2000, pending government review.

During a Nov. 4 conference call, Charles J. Abbe, CEO of OCLI, called the arrangement a "relationship of two plus two equals five." He cited his company's long history as a supplier to JDS Uniphase. The companies had operated a contractual joint venture since 1997.

JDS Uniphase produces components and subsystems for optical telecommunications. OCLI manufactures thin-film coatings and components, including filters for wavelength division multiplexing.

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