More fiber optic business & market news & products: Lightwave Online

More Business News and Products

Nokia pulls trigger on Alcatel-Lucent buy

April 15, 2015

Well, that didn't take long. A day after admitting they were in acquisition talks, Nokia and Alcatel-Lucent have announced they have reached a deal for Nokia to purchase its French competitor in an all-stock transaction worth €15.6 billion ($16.7 billion). Current Nokia President and CEO Rajeev Suri (above) is in line to lead the new company.

Nokia, Alcatel-Lucent confirm merger talks

April 14, 2015

Nokia has confirmed that it is in what it called "advanced discussions" to acquire Alcatel-Lucent. While emphasizing that the discussions may fail to bear fruit, the Finnish wireless technology giant said the discussions revolve around a proposal to buy the French systems house via a public exchange offer.

Gigabit broadband drive a boon for CPE vendors in 2014

April 13, 2015

Sparked in part by the increasing interest in gigabit broadband, sales of broadband customer premises equipment (CPE) grew 9% in 2014, to $10.5 billion, according to a new report from Infonetics Research, now part of IHS Inc. (NYSE: IHS).

Infinera looks to metro with Transmode buy

April 9, 2015

Optical transport systems vendor Infinera (NASDAQ: INFN) has decided to accelerate its entry into the metro networks space via acquisition. The company has announced a plan to acquire Swedish metro systems specialists Transmode (NASDAQ Stockholm: TRMO) for approximately $350 million in cash and stock.

IIX acquires IX Reach to expand interconnection footprint

April 7, 2015

IIX Inc., which describes itself as a global software-defined interconnection company, says it has acquired IX Reach Ltd., which is about to become a software-defined interconnection company. Terms of the deal were not disclosed.

Fiber cable now reaches 42.5% of U.S. commercial buildings: Vertical Systems Group

April 7, 2015

The percentage of U.S. commercial buildings with direct access to fiber-optic networks rose to 42.5% in 2014, according to Vertical Systems Group. This represents almost a 4X increase in the last 10 years, the market research firm says.

Comcast launches investment company

April 6, 2015

Comcast Corp. has launched a new company that will invest and operate domestic and international growth-oriented companies. Michael J. Angelakis, Comcast's vice chairman and CFO, will run the new company as CEO. He'll have $4.1 billion to play with, including at least $40 million of his own money.

Fujitsu targets 5 billion yen for new venture funding

April 1, 2015

Fujitsu has created a new corporate venture fund armed with 5 billion yen to invest in ICT technology development companies interested in collaboration. The fund will target promising companies active in ICT enterprise applications as well as new ICT use areas that Fujitsu considers "social innovation."

Charter to buy Bright House Networks

March 31, 2015

Charter Communications, Inc. (NASDAQ: CHTR) and its subsidiary, CCH I, LLC (which currently bill themselves as the "New Charter") and Bright House Networks have decided to soothe the headaches the proposed Comcast/Time Warner Cable deal would cause them by pooling resources in the form of M&A. Charter has reached agreement with Bright House's owner, Advance/Newhouse Partnership, to buy Bright House for $10.4 billion.

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.

Featured Buyer's Guide Companies


Upcoming Events

There is no current content available.

Social Activity