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Microsemi to acquire Vitesse Semiconductor

March 19, 2015

Microsemi Corp. (NASDAQ: MSCC) will continue its expansion via M&A with the acquisition of Vitesse Semiconductor Corp. (NASDAQ: VTSS). Microsemi says it has agreed to buy the communications semiconductor company for $5.28 per share in cash. The deal would therefore be worth approximately $389 million.

Lightower acquires Chicago’s ColocationZone

March 13, 2015

Fiber-optic network service provider Lightower Fiber Networks has beefed up its presence in Chicago with the acquisition of ColocationZone, an enterprise-class data center provider located in the 725 South Wells data center downtown. Lightower also will assume operations of the meet-me-room for the entire 725 South Wells facility owned by Digital Capital Partners, LLC.

Gigabit broadband services on roadmap for 40% of operators says Infonetics survey

March 10, 2015

As many as 40% of the respondents to an Infonetics Research study indicate they plan to offer 1-Gbps broadband access network services by 2017. The trend is likely among the reasons that fiber-optic broadband should become more popular, as the market research firm, now part of IHS Inc. (NYSE: IHS), expects the percentage of broadband subscribers served via fiber to the home (FTTH) to grow this year.

iPhotonix buys Netsocket NFV assets, launches optical access platform

March 10, 2015

Fiber to the home (FTTH) technology developer iPhotonix has acquired the network functions virtualization (NFV) assets of Netsocket, Inc. and used them to create a new NFV platform for broadband access networks. The iPhotonix Virtual Network (iVN) platform will provide scalable, secure, and agile delivery of enterprise and cloud-based applications, the company asserts.

Finisar back on revenue fast track in 3Q15

March 6, 2015

After seeing its string of quarterly revenue gains broken in the fiscal second quarter, Finisar Corp. (NASDAQ: FNSR) may have started a new skein in its third quarter of fiscal 2015, which ended January 25, 2015. The company reported venues of $306.3 million, up $9.3 million sequentially. The company expects further growth in 4Q15 as well.

Ciena misses first quarter 2015 revenue target

March 5, 2015

Ciena Corp. (NYSE: CIEN) reported $529.2 million in revenue for its fiscal first quarter ended January 31, 2015. The number missed the bottom end of its guidance for the quarter by $10.8 million as well as Wall Street consensus estimates by nearly $30 million. However, the company exceeded profitability expectations and guided revenues up significantly for the second quarter.

Gigabit FTTH drives record broadband sales says Infonetics

March 3, 2015

The exploding interest in gigabit broadband helped create record sales of broadband aggregation equipment in 2014, according to Infonetics Research, now part of IHS Inc. (NYSE: IHS). With GPON equipment leading the way, global spending on broadband aggregation equipment jumped 9% percent in 2014, to $8.2 billion, the market research firm reveals in its upcoming "PON, FTTH, and DSL Aggregation Equipment" report.

Frontier to change CEOs

March 3, 2015

Frontier Communications Corp. (NASDAQ:FTR) has announced that current president and COO Daniel J. McCarthy, a member of the board of directors, will become president and CEO of the company April 3, 2015. He will succeed Maggie Wilderotter, who was chairman and CEO; Wilderotter will become executive chairman of the board of directors.

Web 2.0 companies likely shape optical network market says LightCounting

March 3, 2015

While spending by traditional communications carriers still dominates the fiber-optic network technology market, market research firm LightCounting predicts that Web 2.0 companies will become a significant market driver over the next five years. In its most recent semi-annual optical communications market forecast report, LightCounting states that the top 15 Web 2.0 vendors will spend $50 billion in 2015 on servers, networks, and other infrastructure, up from $38 billion in 2014 and $30 billion in 2013.

NXP, Freescale to merge

March 2, 2015

NXP Semiconductors N.V. (NASDAQ: NXPI) and Freescale Semiconductor, Ltd. (NYSE: FSL) have agreed to merge, with the former buying the latter for approximately $11.8 billion in stock and cash. With the assumption of Freescale's debt included, the total total value of the deal is approximately $16.7 billion, the companies say.

JDSU reveals names for post-split companies

February 27, 2015

For those of you wondering which arm of JDSU (NASDAQ: JDSU) would retain the family name once the company bisects in the third quarter of this year, the answer is: neither. In a registration statement on Form 10 with the U.S. Securities and Exchange Commission (SEC), JDSU revealed that the former Communications and Commercial Optical Products (CCOP) business will operate as Lumentum Holdings Inc. The remaining network and service enablement related businesses will carry on under the name Viavi Solutions Inc., JDSU also announced.

Avago to buy Emulex for $606 million plus debt

February 26, 2015

Avago Technologies Ltd. (NASDAQ:AVGO) says it has reached an agreement to purchase Emulex Corp. (NYSE:ELX). Avago will pay $8.00 per share for the Costa Mesa, CA, based network connectivity, monitoring, and management company, a total of approximately $606 million. Net of cash and debt acquired, the total outlay will be around $609 million, Avago predicts.

Ciena, Infinera, ZTE 2014 optical systems winners says Infonetics

February 23, 2015

Ciena (NYSE:CIEN), Infinera (NASDAQ:INFN), and ZTE posted significant revenue gains in 2014 during what was a rough year for fiber-optic network hardware sales, reports Infonetics Research, now a part of IHS Inc. (NYSE: IHS). Despite the fact that the overall market declined 1% in 2014, Ciena used a 12% boost in revenue to wrest the Number 2 spot in optical network market share from Alcatel-Lucent (Euronext Paris and NYSE: ALU).

European FTTH connects 14.5 million homes

February 17, 2015

Research commissioned by the FTTH Council Europe and released at the organization's annual conference last week indicates that the number of fiber to the home (FTTH) and fiber to the building (FTTB) subscribers in Europe reached approximately 14.5 million in 2014. The total represents a 50% increase over 2013.

Interxion, TelecityGroup sign non-binding merger agreement

February 17, 2015

European-based data center operators Interxion Holding N.V. and TelecityGroup plc (LSE: TCY) have signed a non-binding agreement that would see them combine in an all-share merger.

Internet content providers capex growth engine says Ovum

February 10, 2015

A new report from market research and analysis firm Ovum asserts that Internet content providers (ICPs) will become increasingly influential market shapers as traditional telcos reduce their capex budgets. ICP capex grew from $23 billion in 2008 to $46 billion in 2013, according to Ovum's "Communications Provider Capex Forecast Report: 2014–19: Internet content providers will drive growth in capital spending on network infrastructure." ICP capex will expand to well over $100 billion by 2019, the report adds.

Netrality Properties expands into Houston

February 10, 2015

Netrality Properties, a colocation/connectivity company that debuted last month, has expanded its footprint into Houston, TX, with the acquisition of a 1.1 million square foot building at 1301 Fannin Street.

Verizon to sell certain wireline assets to Frontier, lease wireless tower rights

February 9, 2015

Verizon Communications Inc. (NYSE, NASDAQ: VZ) announced February 5 that it would sell its local wireline assets in California, Florida, and Texas to Frontier Communications Corp. (NASDAQ: FTR) for $10.54 billion.

Oclaro 2Q15 sees gain in core telecom product sales thanks to 100G

February 4, 2015

Optical component and subsystems vendor Oclaro, Inc. (NASDAQ: OCLR) saw its total revenues for its second fiscal quarter of 2015 slip slightly sequentially, primarily due to the impact of its recent sale of its industrial and consumer business. With revenues from those assets discounted, core assets delivered 4% sequential growth, management stated. Company management was heartened particularly by the demand for their 100-Gbps components and optical modules.

Sterlite beefs up broadband research

February 3, 2015

Fiber-maker Sterlite Technologies (BSE: 532374, NSE:STRTECH) says it will support its home country's Digital India initiative through three avenues. The company has opened a Center of Excellence (CoE) and announced an annual seed fund of $100,000 to help fund startups working on broadband deployment technologies. It also announced agreements on collaborative research in high-speed broadband with Indian Institute of Technology Madras (IIT Madras) and IIT Kanpur.

Luna, Advanced Photonix to merge

February 2, 2015

Luna Innovations Inc. (NASDAQ: LUNA), maker of fiber-optic sensing and test and measurement products for the telecommunications, aerospace, automotive, energy, and defense markets, has agreed to a merger with Advanced Photonix, Inc. (NYSE MKT: API), which optoelectronic sensors, devices, and instrumentation for the telecommunications, defense, medical, and industrial markets.

Intel to buy broadband chip maker Lantiq

February 2, 2015

Intel Corp. says it has agreed to acquire Munich-based Lantiq, which develops semiconductors and software for broadband access networks and home networking. Terms of the deal, which is expected to close in the next 90 days, were not disclosed.

JDSU 2Q15 revenues, 3Q15 guidance disappoint Wall Street

January 30, 2015

JDSU (NASDAQ: JDSU) fell short of Wall Street's consensus estimates for both revenues for the third quarter of fiscal 2015 and guidance for the current quarter. Company management blamed declining service provider demand for its test and measurement equipment for the miss. Nevertheless, the company said it remains on track to divide in two by the third quarter of this calendar year.

AT&T confirms smaller 2015 capex

January 29, 2015

As expected, management at AT&T (NYSE:T) said on January 27 during its review of fiscal fourth quarter and full-year results that they expect to spend about $18 billion for capital expenditures (capex) in 2015. If the forecast holds, the total would represent slightly more than a $3 billion decline from the $21.4 billion spent in 2014.

CommScope pulls trigger on TE Connectivity Broadband Network Solutions buy

January 28, 2015

Confirming a report in the Wall Street Journal, TE Connectivity Ltd. (NYSE: TEL) says it has reached an agreement to sell its Broadband Network Solutions (BNS) business unit to CommScope (NASDAQ: COMM) for $3.0 billion. The unit comprises TE's telecommunications, enterprise networks, and wireless operations.

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