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JDS Uniphase to Acquire Acterna

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SAN JOSE, Calif., May 24 -- JDS Uniphase Corp., a maker of equipment to build fiber optic networks, said Monday it will acquire Acterna Corp. in a $760-million US deal that will boost its presence in the equipment testing field. JDS will pay $450 million in cash and $310 million in stock, subject to adjustments, to buy the privately held company. The acquisition, subject to customary closing conditions and regulatory approvals, is expected to close in the quarter ending Sept. 30. Acterna, based in Germantown, Md., makes products that are used by communications service providers and...Read full article

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    Published: May 2005
    ActernaCommunicationsJDS UniphaseNews & FeaturesT&MtelecommunicationsTest & Measurement

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