JDS Uniphase Corp. took another step toward its goal of divesting assets not core to its overall strategy Tuesday by selling its analog cable television and RF-over-fiber businesses to EMCORE.
EMCORE will pick up JDSU divisions that generated revenues of roughly $20 million over the previous four quarters. On the financial end, EMCORE paid JDSU $1.5 million, but has also agreed to purchase between $2.8 million and $3.8 million in components and parts for use in the manufacture of the acquired products over the next two years. The two companies have also agreed to a bilateral "preferred supplier" agreement for various optical components.
Products included in the deal include HFC 1550 nm transmitters for cable headends and hubs, 1310 nm transmitters linking cable network hubs and nodes, 1550 nm DWDM QAM transmitters, analog receivers, amplifiers and RF and microwave-over-fiber specialty gear for defense and satellite communications.
"EMCORE now offers complete product solutions to OEMs in this communications market," said Dr. Hong Hou, vice president and general manager of EMCORE's Ortel Division.
JDSU recently inked a deal to purchase broadband test and measurement firm Acterna Corp.