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Communications & Media: JDSU Buys Agilent Unit

May 4, 2010 (FinancialWire) — JDSU (NASDAQ: JDSU) said it has closed its acquisition of the Network Solutions communications test business of Agilent (NYSE: A).
The acquisition includes the unit's Long Term Evolution, or 4G, network verification and deployment products.  

JDSU said it planned to acquire Agilent's Network Solutions business for $165 million in cash on February 11.

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

The company is also a provider of optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications.  

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