Mergers & Acquisitions News

Consolidated Communications to consolidate SureWest Communications

Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) has agreed to acquire all of the outstanding shares of SureWest Communications (NASDAQ: SURW) in a cash and stock deal valued at $23.00 per...

PacketFront divests its CPE business

PacketFront, a provider of access network equipment, says it has sold its customer premises equipment (CPE) business unit to Dutch-based CPE specialist Genexis for an undisclosed sum. The transfer...

Leoni assumes full control of j-fiber

German fiber and cable maker Leoni reveals it purchased all the shares of fiber maker j-fiber GmbH at the end of last year. Leoni had acquired 51 percent of j-fiber, located in Jena, in...

Tellabs to restructure, cut 530 jobs

Tellabs Inc. (NASDAQ: TLAB) has initiated a restructuring that will see the company concentrate its efforts on mobile backhaul and packet optical transport systems. "In a climate of economic...

Semtech to acquire Gennum

Semtech Corp. (NASDAQ: SMTC) says it will buy fellow analog and mixed-signal semiconductor developer Gennum Corp. (TSX:GND) for approximately CDN$500 million (approximately US$494 million)....

Huawei bolsters R&D with acquisition of CIP Technologies

Huawei Technologies Co Ltd. has acquired the photonics research laboratory, Centre for Integrated Photonics Ltd. (CIP), from the East of England Development Agency (EEDA) in the UK. CIP has a long...

Optelian buys Versawave Technologies with eye on 100 Gbps

Optical transport systems developer Optelian says it has acquired Versawave Technologies Inc. of British Columbia, Canada. Versawave makes high-bandwidth gallium arsenide-based optical modulators...

Private equity fund Techquity acquires fiber-optic patents from Oyster Optics

Optical communications technology developer Oyster Optics, Inc. says that it has sold its patent portfolio to a private equity fund, Techquity, L.P., and its portfolio companies. Techquity is an...

Marvell acquires 100G chip startup Xelerated

Marvell Semiconductor Inc. (NASDAQ: MRVL) says it has completed the acquisition of Sweden-based Xelerated AB, a provider of network processors and programmable Ethernet switching silicon for the...

Newport buys ILX Lightwave for $9.3 million

Newport Corp. (NASDAQ: NEWP) is expanding its photonics test and measurement capabilities with the acquisition of ILX Lightwave Corp. The company has entered into a definitive agreement to acquire...