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Mergers & Acquisitions
Feb. 15, 2000
JDS Enters a New Phase With Acquisition of E-Tek
San Jose's JDS Uniphase Corp. and E-tek Dynamics Inc. have reached a merger agreement. Under the terms of the deal, JDS will trade 1.1 shares of its common stock for each share of E-tek. The merger is valued at $15 billion.
JDS was formed by the 1999 merger of JDS Fitel and Uniphase. The company designs, manufactures and distributes laser systems and general equipment for fibero...