biz.yahoo.com
Monday November 15, 4:02 pm Eastern Time
Company Press Release
JDS Uniphase Completes EPITAXX Acquisition
NEPEAN, Ontario, and SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 15, 1999--JDS Uniphase Corporation
(Nasdaq:JDSU and TSE:JDU) today completed its previously announced acquisition of EPITAXX, Inc. (EPITAXX),
based in Trenton, New Jersey.
JDS Uniphase issued 2,230,545 shares of common stock in the transaction.
EPITAXX is a leading supplier of optical detectors and receivers for fiberoptic telecommunications and cable television (CATV) networks. EPITAXX
products include long wavelength detectors and receivers that address a number of applications including dense wavelength division multiplexing (DWDM) and
SONET/SDH transmission, optical network monitoring for terrestrial and undersea networks, test and measurement, and fiberoptic analog CATV.
JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic
communications market. These products are deployed by system manufacturers worldwide to develop advanced optical networks for the telecommunications
and cable television industries. JDS Uniphase Corporation is traded on the Nasdaq National Market under the symbol JDSU and the exchangeable shares of
JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under the symbol JDU.
More information on JDS Uniphase is available at www.jdsunph.com.
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