Transactions
Apr. 9, 2002
FIBER-OPTIC BUSINESSES WILL MERGE IN THE SILICON VALLEY
Avanex Corp. will acquire Oplink Communications Inc. for $305 million in stock. The deal was announced March 19. Fremont's Avanex produces and sells miniature photonic products that increase the speed and capacity of fiber-optic networks by separating the light pulses that travel through the network and controlling their power. Its major customers are Fujitsu Limited, Nortel Networks Limited and WorldCom Group.
Fremont's Avanex produces and sells miniature photonic products that increase the speed and capacity of fiber-optic networks by separating the light pulses that travel through the network and controlling their power. Its major customers are Fujitsu Limited, Nortel ...
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