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Transmode and Lumentis to Merge

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STOCKHOLM, Sweden, March 23 -- Stockholm-based telecommunication companies Transmode Systems AB and Lumentis AB announced today they are merging into a new company, Transmode, to better pursue the metro wavelength division multiplexing (WDM) global equipment market. Through the merger, which is effective immediately, the companies said Transmode "becomes a major supplier to telecommunications operators, MSOs, systems integrators, enterprises, utilities, public institutions and OEM partners worldwide." Isaac Olasoko, Transmode Systems CEO, will lead the new company. Transmode closed a $15...Read full article

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    Published: March 2005
    Glossary
    wavelength division multiplexing
    A system that allows the transmission of more than one signal over a common path, by assigning each signal a different frequency band. Also known as frequency division multiplexing.
    CommunicationsLumentisNews & FeaturesTransmodeTransmode Systemswavelength division multiplexingWDM

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