Expands JDSU’s Portfolio for the Agile Network
San Jose, California, November 30, 2005 – JDSU today announced that it has completed its acquisition of Agility Communications, Inc., a leading provider of widely tunable laser solutions for the optical network. JDSU paid approximately $67 million for privately held Agility Communications, Inc., comprising approximately $57 million in stock and $10 million in cash.
The acquisition, announced in September, is another example of JDSU’s commitment to investing in innovative technologies in potentially high growth markets. Adding Agility’s tunable laser solutions further expands JDSU’s portfolio for the agile network. Tunable lasers simplify the deployment of high-speed, metro and long-haul networks and enable next-generation services.
Agility has already been selling tunable transmitter and transponder products to top tier customers, including Siemens, Marconi, Mahi Networks, Tropic Networks, ECI, and many others. Many service providers have already migrated or announced plans to move to tunable solutions for agile, optical networks, including AT&T, SBC, Deutsche Telekom, and Verizon.
JDSU’s agile network portfolio includes products such as EDFAs, ROADMs, wavelength blockers, and optical channel monitors. For more information on JDSU’s agile network portfolio, visit http://www.jdsu.com/.
About JDSU
JDSU (NASDAQ: JDSU; and TSX: JDU) is committed to enabling broadband & optical innovation in the communications, commercial and consumer markets. JDSU is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. Furthermore, JDSU is a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at http://www.jdsu.com/.
Investors: Jacquie Ross, 408-546-4445, investor.relations@jdsu.com
Press: Kathleen Greene, 408-546-5852, kathleen.greene@jdsu.com