JDSU closes Agilent LTE testing purchase
JDSU says it has completed its acquisition of Agilent’s network testing business, which includes Agilent’s LTE network verification and deployment products.
JDSU announced its intent to acquire Agilent's Network Solutions business for $165 million in cash on Feb. 11.
The products acquired by JDSU support network verification, deployment and operational lifecycle for LTE networks and will significantly bolster JDSU’s position in the network testing business.
Agilent’s Network Solutions business has about 700 employees and posted sales of $162 million for its 2009 fiscal year. JDSU expects the acquisition to be accretive to non-GAAP earnings per share starting in its 2011 fiscal year.
The acquisition has added three main offerings to JDSU’s wireless network testing portfolio, including a service assurance product, network protocol analyzers and diagnostics, and a drive test network optimization platform and instruments.