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CommScope consummates TE Connectivity Broadband Network Solutions buy

August 31, 2015

CommScope Holding Company, Inc. (NASDAQ: COMM) says it has closed the acquisition of TE Connectivity's (NYSE: TEL) Broadband Network Solutions (BNS) business in an all-cash deal worth approximately $3 billion. CommScope had announced its plans to buy the assets, which focus on the telecom, enterprise, and wireless markets, this past January (see "CommScope pulls trigger on TE Connectivity Broadband Network Solutions buy").

Ciena's Morin moving to EXFO as COO

August 28, 2015

Philippe Morin, senior vice president of worldwide sales and field operations for Ciena (NYSE:CIEN), will leave the company October 31, 2015 to join EXFO Inc. (NASDAQ: EXFO; TSX: EXF). The test and measurement instrument developer says that Morin will become its COO early in November.

Tom Donovan new president and CEO of Panduit

August 27, 2015

Cabling and connectivity provider Panduit Corp. has named Tom Donovan president and CEO. He steps in for Gerald W. Caveney, "who will focus on other business opportunities," the company says in a press release.

GigOptix fills acquisitions war chest

August 27, 2015

Communications semiconductor and optical subsystem vendor GigOptix, Inc. (NYSE MKT: GIG) says it has closed a public offering of 9,218,000 newly issued shares of common stock at a price to the public of $1.70 per share. The process netted the company approximately $14.73 million after underwriting discounts and commissions. The proceeds will be directed toward acquisitions, the company says.

Lumentum's Lowe sees opportunities -- and potential acquisitions

August 21, 2015

Lumentum spun out of JDSU August 1 with $137 million in cash, no debt, and expectations for revenue growth, according to Alan Lowe, the company's president and CEO. And in the face of past speculation about who might make a bid to acquire the company, Lowe says he currently has a few potential acquisition targets of his own lined up.

FTTH growing in Latin America but DSL to remain dominant: Pyramid Research

August 20, 2015

Pyramid Research expects the number of fiber to the home (FTTH) and fiber to the building (FTTB) connections to reach 5.1 million by the end of the year. This is part of an overall trend that will see FTTH/FTTB connections to increase at a compound annual growth rate (CAGR) of 34.9% over the next five years. However, the growth spurt won't be enough to unseat DSL as the dominant fixed-line technology, the market research firm predicts.

Carrier SDN a $5.7 billion market by 2019: IHS

August 19, 2015

Market research firm IHS (NYSE: IHS) says that service providers globally will increase their spending on software-defined networking (SDN) software, hardware, and services from $103 million in 2014 to $5.7 billion in 2019.

Integra to acquire opticAccess for West Coast fiber-optic network

August 18, 2015

Fiber-optic network services provider Integra says it has agreed to buy opticAccess, LLC, which operates a 3,500 route mile fiber-optic network that runs from Seattle to San Diego. Terms of the deal, including the purchase price, were not disclosed. Integra hopes to close the sale in the fourth quarter of this year.

Optical network system spending increases sequentially in second quarter 2015: IHS

August 17, 2015

Sales of optical network systems in the second quarter of 2015 grew 22% sequentially, but were essentially flat versus the year-ago quarter, says market research firm IHS (NYSE: IHS). Europe was the only region to post year-on-year growth, IHS says in its upcoming 2Q15 "IHS Infonetics Optical Network Hardware" report.

AT&T expects big things after acquisitions

August 17, 2015

AT&T Inc. (NYSE:T) says it expects big things from its most recent acquisitions. The company updated its financial outlook for 2015 and beyond and says it should see boosts in revenues, adjusted earnings and free cash flow this year and in each of the next three years following its acquisitions of DirecTV as well as Mexican wireless companies Iusacell and Nextel Mexico.

Lightower completes Fibertech Networks merger

August 17, 2015

Fiber-optic network services provider Lightower Fiber Networks announced last week that it has closed its $1.9 billion merger with Fibertech Networks. The merged company, which will retain the Lightower name, is roughly doubles it addressable market in the Northeast, Mid-Atlantic, and Midwest regions of the U.S.

President and CEO Waechter departs Viavi

August 13, 2015

Well, that didn't take long. Apparently off for a new challenge after overseeing the split of JDSU into Viavi Solutions and Lumentum, Thomas Waechter has stepped down as Viavi's president and CEO. He held the top spot at Viavi for less than two weeks. Viavi Chairman Richard E. Belluzzo will serve as interim president and CEO until a replacement for Waechter can be found.

IHS forecasts huge growth for 100G optical ports

August 13, 2015

Coherent 100G port shipments for metro regional optical networks grew a whopping 145% last year and are expected to grow 118% more this year, predicts IHS in its report, "IHS Infonetics 100G+ Coherent Optical Equipment Ports."

Google cooks Alphabet soup

August 11, 2015

In a surprise move, Google has created a parent holding company called Alphabet. Google will become a wholly owned subsidiary of Alphabet (whose URL is abc.xyz -- yes, really), as will organizations focused on many of the company's other ventures, such as driverless cars. Google founders Larry Page and Sergey Brin will be CEO and president, respectively, of the new umbrella company.

MRV agrees to sell Tecnonet SpA

August 11, 2015

MRV Communications entered into an agreement to sell Rome-based network integration subsidiary Tecnonet SpA to Milan-based Maticmind SpA for €19.7 million (about $21.4 million). The transaction is subject to customary closing conditions and regulatory approvals as well as MRV stockholder approval at a special meeting on or before November 30, 2015.

Asia-Pacific FTTH subscribers up 35% study shows

August 10, 2015

Figures released by IDATE and the FTTH Council Asia-Pacific show that the number of fiber to the home (FTTH) subscribers in the Asia-Pacific region jumped to 115.8 million by the end of 2014, up 35% compared to 2013. The study also finds that 338 million homes and businesses across the region had access to fiber services, an increase of 36.8% year over year.

Qualcomm to buy Ikanos for home gateway play

August 6, 2015

Wireless technology supplier Qualcomm Inc. (NASDAQ: QCOM) plans to dip its toe into copper-based fixed broadband access with the acquisition of broadband networking semiconductor and software provider Ikanos Communications, Inc. (NASDAQ: IKAN). The $47 million acquisition, which will be made via the company's subsidiary, Qualcomm Atheros, Inc., will see Qualcomm pay $2.75 per share in cash for all outstanding shares of Ikanos stock as well as assume all outstanding indebtedness.

Viavi Solutions to aid network evolution, monetization

August 4, 2015

Viavi Solutions (NASDAQ:VIAV), the new name for what remained of JDSU after the Communications and Commercial Optical Products (CCOP) group spun out as Lumentum Holdings Inc. (NASDAQ:LITE) on August 1, is uniquely positioned to help network operators across the board not only enable and manage the transition to software-defined networking (SDN) and network functions virtualization (NFV) but to find new opportunities for monetization, according to the company's president and CEO, Thomas Waechter.

10 Gigabit Ethernet server port shipments near peak: Dell'Oro

August 4, 2015

Shipments of 10 Gigabit Ethernet network server ports will continue to climb through 2017 before beginning to plateau and decline the following year, says Dell'Oro Group. The market research firm states in a new five-year forecast report that 10 Gigabit Ethernet ports will capture more than 50% of the total server market by 2017, but will begin to fall prey to the growing popularity of higher-speed ports beginning in 2018.

Viavi Solutions, Lumentum begin life as JDSU is no more

August 3, 2015

JDSU officially split into Viavi Solutions (NASDAQ:VIAV) and Lumentum Holdings Inc. (NASDAQ:LITE) August 1. Their respective stocks will begin trading August 4. The split ends JDSU's reign as one of the top companies in optical communications technology and test and measurement.

Ciena closes Cyan acquisition, begins integration

August 3, 2015

Ciena Corp. (NYSE: CIEN) says it has completed its acquisition of fellow packet-optical transport system and software-defined networking (SDN) platform supplier Cyan, Inc. (see "Ciena to buy Cyan, expand SDN play"). It also has revealed its integration strategy for the new assets.

Combes to depart Alcatel-Lucent September 1

August 3, 2015

Alcatel-Lucent (Euronext Paris and NYSE: ALU) CEO Michel Combes will step down September 1, 2015, as part of the transition towards the company's acquisition by Nokia (see "Nokia pulls trigger on Alcatel-Lucent buy"). The company's board of directors announced the date of Combes' departure last week, as well as further shuffling of the management deck.

Cable operators to increase fiber cable, optical node use: IHS

July 30, 2015

Cable operators will continue to drive fiber deeper in to their networks, which means good news for suppliers of fiber cable and optical nodes, according to IHS (NYSE: IHS). For example, the market research firm expects global shipments of hybrid fiber/coax (HFC) optical nodes will more than double in the 5 years from 2014 to 2019.

ASSIA, BT bury DSL patent litigation hatchet

July 29, 2015

DSL and fiber-optic network management software company ASSIA and British Telecommunications (BT) have called a cease fire in their international patent war. The companies, at odds over whether BT infringed on ASSIA patents related to DSL management (and vice versa), have agreed to end the dispute and cross-license each other's patented intellectual property.

Big Four cloud services providers control over half the market

July 28, 2015

Amazon Web Services (AWS), Microsoft, IBM, and Google control 54% of the cloud services market, according to new second quarter 2015 research from Synergy Research Group. Their average year-on-year revenue growth was 84%, compared to the 33% growth enjoyed by the rest of the field, according to the market research firm.

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