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JDSU Acquiring Picolight

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MILPITAS, Calif., Feb. 27, 2007 -- JDSU today announced it will acquire Picolight Inc. of Louisville, Colo., a manufacturer of optical pluggable transceivers, for as much as $125 million in a stock-and-cash deal. Under the agreement, JDSU, a maker of communications test and measurement solutions and optical products for the telecommunications industry, will acquire venture-funded Picolight for approximately $115 million in JDSU stock, plus as much as $10 million in cash if the company achieves certain revenue goals during 2007. The transaction, subject to regulatory approval, is expected to close by June 30. Picolight...Read full article

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    Published: February 2007
    Glossary
    optical
    Pertaining to optics and the phenomena of light.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    transceiver
    An instrument or system capable of both transmitting and receiving a signal.
    acquireCommunicationsdealEmploymentfiber opticsGigabit EthernetJDSUnetworkingNews & FeaturesopticalphotonicsPicoLightpluggabletelecommunicationstransactiontransceiverVCSELLasers

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