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Finisar to Buy InterSAN

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SUNNYVALE, Calif., March 8 -- Finisar Corp., a provider of fiber optic subsystems and network test and monitoring solutions, announced yesterday it has entered into a definitive agreement to purchase the shares of InterSAN Inc., a privately held software company based in Scotts Valley, California, for approximately $9.5 million in Finisar stock. The acquired business will be operated as a part of Finisar's Network Tools Division, in Sunnyvale. The transaction is expected to close during Finisar's fourth fiscal quarter ending April 30, 2005. "While we have led the market in providing test and...Read full article

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    Published: March 2005
    fiber optic subsystemsfiber opticsFinisarInterSANnetwork test and monitoringNews & Features

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