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A Potential Threat To JDS Uniphase
By:
DailyMarkets.com
Posted on March 27, 2012 at 18:20 PM EDT
In synergy with the recent consolidation trend of the broader telecommunications industry, the optical component manufacturing segment has started witnessing a consolidation trend. Yesterday, optical gear maker Oclaro Inc. (OCLR) announced that it has entered into an agreement to acquire its peer Opnext Inc. (NASDAQ:OPXT) for a total consideration of approximately $176 million. We believe [...]
In synergy with the recent consolidation trend of the broader telecommunications industry, the optical component manufacturing segment has started witnessing a consolidation trend. Yesterday, optical gear maker Oclaro Inc. (OCLR) announced that it has entered into an agreement to acquire its peer Opnext Inc. (NASDAQ:OPXT) for a total consideration of approximately $176 million. We believe the proposed acquisition may act as a major threat for relatively bigger player of the industry, such as JDS … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards Related Stocks:
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