Telecommunications equipment manufacturer Tellabs Inc., Lisle, IL, has acquired certain wavelength-division multiplexing (WDM) and optical-networking technologies, patents, and rights from IBM`s Thomas J. Watson Research Center, in Westchester County, NY, for a reported $6 million. Under the agreement, Paul Green and his IBM optical-networking team of 12 researchers, are joining Tellabs. The company is also establishing a WDM and optical-technology research and product development facility in Hawthorne, NY.
Telecommunications equipment manufacturer Tellabs Inc., Lisle, IL, has acquired certain
Mar 1st, 1997