July 16, 2009 (FinancialWire) — JDS Uniphase Corp. (NASDAQ: JDSU) said it has completed its acquisition of the Network Tools business of Finisar Corp. (NASDAQ: FNSR).

The acquisition is meant to establish JDSU as a major provider of storage area network protocol test tools, software and services.

Dave Holly, president of JDSU’s communications test and measurement business, said “This acquisition provides JDSU with unique capabilities to address the SAN test market’s best growth opportunities, such as Fibre Channel over Ethernet.”

JDSU said it expects the business to contribute revenue in the mid-to-high single-digit millions of dollars and neutral operating income in the first quarter of fiscal year 2010.

Milpitas, California-based JDS Uniphase is a provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers.

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