MAY 11, 2007 -- JDSU (search for JDSU) has agreed to purchase Ottawa, Canada-based Innocor (search for Innocor), a provider of broadband test gear for network equipment manufacturers. JDSU says that Innocor's products will complement JDSU's existing lab and production test offerings and will be integrated with JDSU's Communications Test and Measurement (CommTest) business.
Financial terms of the transaction were not disclosed. JDSU expects to complete the acquisition in the current fiscal fourth quarter, which ends June 30, 2007.
JDSU expects to capitalize on a number of assets from the acquisition, including Innocor's TestPoint product family; its established verification and production test expertise and innovation; and the close customer relationships Innocor has with "leading network equipment manufacturers worldwide." JDSU will pair these attributes with its own product development capabilities and global direct sales organization and other distribution channels.
In a related development, JDSU also announced the appointment of Bill Mortimer as vice president and general manager of JDSU CommTest's Lab and Production division, overseeing the company's fiber-optic, optical-transport, and Innocor business units. Mortimer -- who brings more than 20 years of communications test experience, including 13 with Agilent Technologies/Hewlett-Packard -- offers a depth of management, product development, and marketing experience to JDSU, and will play a lead role in the company's initiative to expand its set of test solutions for network equipment manufacturers, says JDSU.
"The surge of broadband traffic, especially IPTV-related services, means equipment manufacturers will require test solutions that continuously evolve in lock-step with high-performing and dependable next-generation technologies," said Mortimer. "With the addition of Innocor's product portfolio, JDSU has an unmatched set of solutions designed to help equipment manufacturers meet the challenges associated with the development, production and operation of high-bandwidth networks."
Innocor's TestPoint product family provides modular test platforms for development, verification, and production of next-generation Fibre Channel, 10-Gigabit Ethernet, and SONET/SDH/OTN networks. JDSU says that TestPoint complements its ONT-506, an all-in-one portable tester for 40/43G networks, including jitter and wander.
"Network equipment challenges exist not only in wireline but in high-growth IP and wireless networks, all of which are experiencing convergence and increased complexities," said Randy Gill, president of Innocor. "Providing the industry with reliable and evolving test tools that help meet the complex challenges of producing next-generation equipment is the differentiator for Innocor products, and we will build on this commitment as part of JDSU."