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Jds Uniphase Company

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BUSINESS
July 11, 2000 | CHARLES PILLER, TIMES STAFF WRITER
In the largest high-tech deal ever, optical-network leader JDS Uniphase said Monday that it agreed to acquire optical-component supplier SDL Inc. for $41 billion in stock. If completed, the buyout would create a technology titan on the strength of the fast-growing market for high-speed networks that send data on light impulses over hair-thin glass fibers.
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BUSINESS
February 14, 2001 | Tom Petruno
Computer and telecom networking stocks took another sharp hit Tuesday as investors again lowered their sights for the industry's near-term sales and earnings growth. The Amex networking index, which tracks 16 major networking stocks, including Cisco Systems, Lucent Technologies and Juniper Networks, slumped 3.3% to 655.25, a new 52-week low. The index broke through the previous low of 656.64 reached Jan. 2.
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BUSINESS
February 14, 2001 | Tom Petruno
Computer and telecom networking stocks took another sharp hit Tuesday as investors again lowered their sights for the industry's near-term sales and earnings growth. The Amex networking index, which tracks 16 major networking stocks, including Cisco Systems, Lucent Technologies and Juniper Networks, slumped 3.3% to 655.25, a new 52-week low. The index broke through the previous low of 656.64 reached Jan. 2.
BUSINESS
July 11, 2000 | CHARLES PILLER, TIMES STAFF WRITER
In the largest high-tech deal ever, optical-network leader JDS Uniphase said Monday that it agreed to acquire optical-component supplier SDL Inc. for $41 billion in stock. If completed, the buyout would create a technology titan on the strength of the fast-growing market for high-speed networks that send data on light impulses over hair-thin glass fibers.
BUSINESS
June 23, 2000 | Bloomberg News
JDS Uniphase Corp.'s $19.7-billion purchase of rival fiber-optic component maker E-Tek Dynamics Inc. won approval from federal antitrust authorities on condition the companies sell off supply contracts for a key part. Without the divestiture, the two San Jose companies would control 80% of the world's output of thin-film filters, a key component used to divide light in fiber-optic cables, the Justice Department said. On Nasdaq, JDS Uniphase dropped $3.94 to close at $125, and E-Tek fell $7.
BUSINESS
June 23, 2000 | Bloomberg News
JDS Uniphase Corp.'s $19.7-billion purchase of rival fiber-optic component maker E-Tek Dynamics Inc. won approval from federal antitrust authorities on condition the companies sell off supply contracts for a key part. Without the divestiture, the two San Jose companies would control 80% of the world's output of thin-film filters, a key component used to divide light in fiber-optic cables, the Justice Department said. On Nasdaq, JDS Uniphase dropped $3.94 to close at $125, and E-Tek fell $7.
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