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Huber+Suhner buys Cube Optics

October 31, 2014

Huber+Suhner, a Swiss-based supplier of components and systems for electrical and optical connectivity, has purchased WDM technology provider Cube Optics AG. The purchase price was not disclosed, although Huber+Suhner says the deal was financed with company funds.

JDSU 1Q15 revenues beat guidance

October 30, 2014

Optical components/subsystems and test and measurement vendor JDSU (NASDAQ: JDSU) reported revenues of $433.6 million for its fiscal first quarter 2015, ended September 27, 2014. The amount exceeded the company’s guidance of $405 to $425 million, but was not enough to avert a losing quarter.

NeoPhotonics to buy EMCORE's tunable laser and optical transceiver lines

October 23, 2014

NeoPhotonics (NASDAQ:NPTN) has agreed to buy the tunable laser and optical transceiver product lines of EMCORE Corp. (NASDAQ:EMKR) for $17.5 million. The sale is part of EMCORE’s ongoing restructuring and follows the sale of the company’s space photovoltaics division earlier this year.

Infinera's 4Q14 guidance offers pleasant surprise

October 23, 2014

Countering a wave of negative forecasts from its competitors, management at optical transport systems vendor Infinera Corp. (NASDAQ: INFN) forecasted that they would continue in the year’s final quarter the growth the company has enjoyed throughout 2014. The forecast came yesterday in a call with analysts to discuss results of the third quarter of 2014 ended September 27, 2014, during which the company said it set a quarterly revenue record.

Verizon signals flat capex for 2015

October 22, 2014

As communications technology vendors look for an increase in carrier capital expenditures (capex) in 2015, it appears their gaze should be directed elsewhere than Verizon Communications Inc. (NYSE, NASDAQ: VZ). The service provider’s chief financial officer, Fran Shammo, indicated to attendees on an analyst call October 21 he expects the company to hold 2015 capex to near 2014 levels.

Macrocell mobile backhaul market growth slowing says Infonetics

October 20, 2014

With operators increasingly turning their focus to small cell deployments, the market growth for macrocell mobile backhaul equipment has begun to slow, according to the latest report from Infonetics Research. The market research firm reveals in its new “Macrocell Mobile Backhaul Equipment and Services” report that macrocell mobile backhaul equipment sales totaled $8.4 billion in 2013, but will only grow to $8.5 billion this year.

IBM to pay $1.5 billion to get rid of its semiconductor business

October 20, 2014

IBM (NYSE: IBM) announced this morning that it wants so badly to divest its underperforming Microelectronics business that it will pay GLOBALFOUNDRIES $1.5 billion over three years to take over the assets. The deal calls for GLOBALFOUNDRIES to acquire IBM's global commercial semiconductor technology business, including intellectual property, technologies, and employees, subject to completion of applicable regulatory reviews.

Broadbandtrends gigabit broadband deployment drivers

Gigabit broadband driven by technology leadership desire survey says

October 20, 2014

Such deployments are moving forward despite doubts operators expressed about customer needs for such speeds, according to the market research firm’s 2014 "Global Service Provider Survey – Gigabit Broadband Services."

euNetworks moves into Switzerland with Fibre Lac expansion

October 20, 2014

European fiber-optic network services provider euNetworks Group Ltd. (SGX: 5VT.SI) has expanded its footprint into Switzerland with the acquisition of Vevey-based Fibre Lac S.A. Fibrelac operates approximately 360 km of dark fiber network infrastructure in the country.

NetScout to merge with Danaher's communications test business

October 14, 2014

Danaher Corp. (NYSE: DHR) says it has signed a definitive agreement with NetScout Systems, Inc. (NASDAQ: NTCT) to merge Danaher's communications test and measurement business with NetScout in a tax-free transaction, to create a global provider of network management tools and security products for carrier and enterprise customers.

RANOVUS adds $24 million Series B financing, readies product deliveries

October 9, 2014

Start-up RANOVUS Inc., which focuses on high-speed optical transmission technology for intra- and inter-data center applications, has announced $24 million in Series B funding. The company expects to use the money for additional R&D as well as preparing for delivery of its first round of products, which should happen early next year.

Analysys Mason estimate of $33 billion spent by/on behalf of content and application providers

Content and application providers create $33B/year infrastructure spend

October 6, 2014

Market research and consultancy firm Analysys Mason estimates that content and application providers and the companies hoping to serve them spend more than $30 billion per year on physical networks, facilities, and equipment. According to the company’s just released “Investment in networks, facilities, and equipment by Content and Application Providers” report, such companies invested almost $100 billion between 2011 and 2013 to meet the content provider’s infrastructure needs – mostly in Europe.

100G focus moves to the metro says Infonetics

October 6, 2014

Carriers expect 100G WDM to account for almost 40% of all metro wavelength deployments and 75% of the core network in 2017, according to the latest survey from Infonetics Research.

euNetworks secures €70 million loan

October 6, 2014

London-based fiber-optic network infrastructure provider euNetworks Group Ltd. (SGX: 5VT.SI) says that its German subsidiary euNetworks GmbH has secured a €70m credit loan from Barclays Bank PLC and RBC Capital Markets.

EQT buys Spanish cable operator IslaLink

October 6, 2014

The EQT Infrastructure II Fund has agreed to acquire a majority share in IslaLink Submarine Cables S.L., an independent and neutral operator of submarine fiber-optic cables in and around Spain.

Alcatel-Lucent sells enterprise business to China Huaxin

October 2, 2014

Alcatel-Lucent (Euronext Paris and NYSE: ALU) says it has closed a deal with China Huaxin Post & Telecommunication Economy Development Center for the divestment of its Enterprise division. Cash proceeds to Alcatel-Lucent are €202 million ($255 million).

Ikanos attracts Alcatel-Lucent as a strategic investor

September 30, 2014

Broadband communications semiconductor and software supplier Ikanos Communications, Inc. (NASDAQ: IKAN) has announced a new $16.25 million round of funding that includes both Tallwood Venture Capital, the company’s largest existing investor, as well as a new strategic investor, Alcatel-Lucent (EURONEXT PARIS: ALU; NYSE: ALU). The relationship with the systems house extends beyond financing to include co-development of “ultra-broadband” products.

White box switch revenues up 95% in one year says Infonetics

September 29, 2014

The shift toward bare metal and white box switches in data center networks is driving revenue toward software and will lower margins for all Ethernet switch vendors. That’s the conclusion of the second quarter 2014 (2Q14) Data Center Network Equipment report from Infonetics Research.

Kaiam closes funding round, targets volume manufacturing

September 23, 2014

Optical component and transceiver developer Kaiam Corp. says it has closed an approximately $35 million round of new equity investment. The company will use the new wealth to fund volume manufacturing of products based on its hybrid photonic integration expertise.

EMCORE seeks new CEO

September 22, 2014

Following the divestiture of its space photovoltaics business and the overall refocusing of the company, EMCORE Corp. (NASDAQ:EMKR) says it’s now in the market for a new chief executive officer. EMCORE’s current president and CEO, Dr. Hong Q. Hou, is stepping down. He also will resign from the company’s board of directors once his replacement comes aboard.

Gray area around white boxes?

September 17, 2014

Systems vendors across the optical communications spectrum have made significant progress toward transport software-defined networking (SDN).

JDSU management details split, M&A possibilities

September 15, 2014

Management at JDSU (NASDAQ: JDSU) promised attendees of an analyst meeting September 11 that the independent communications and commercial optical products (CCOP) company it plans to spin out by the third quarter of 2015 will be debt free and adequately stocked with cash. Yet management left several questions unanswered – or at least not answered to the satisfaction of the audience. A principle area of dissatisfaction: the apparent unwillingness of either new company to be market consolidators.

Integra Networks transitions to IntegraOptics

September 11, 2014

Optical transceiver and related technology vendor Integra Networks has rebranded as IntegraOptics. "Our new corporate name reflects the brand changes we have undergone in recent years," CEO David J. Prescott said. "'IntegraOptics' more clearly delineates our strategic direction and commercial focus on optical solutions, including hardware, engineering, and support services.

Microsemi to snap up Centellax

September 11, 2014

Semiconductor supplier Microsemi Corp. (NASDAQ: MSCC) says it has reached an agreement to acquire optoelectronic component and subsystem developer Centellax. Terms of the deal were not disclosed, and neither was the expected date of the transaction’s close.

JDSU to split in two

September 10, 2014

JDSU announced after trading closed September 10 its intention to split its optical components and test and measurement businesses into two publicly traded companies. The move would save approximately $50 million in combined expenses and allow the two business units greater flexibility, company management asserts.

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