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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (1316)10/18/1999 4:24:00 PM
From: LBstocks  Respond to of 24042
 
Ramar product listing>

ramar.com



To: SJS who wrote (1316)10/18/1999 4:28:00 PM
From: Kayaker  Respond to of 24042
 
JDS Uniphase Acquires Ramar Corporation
Business Wire - October 18, 1999 16:18

SAN JOSE, Calif.--(BUSINESS WIRE)--October 18, 1999--JDS Uniphase Corporation (Nasdaq: JDSU and TSE:JDU) announced the acquisition of Ramar Corporation, a developer of lithium niobate-based integrated optical components.

The terms of the acquisition were not disclosed.

Ramar will be integrated into the JDS Uniphase modulator business, which produces lithium niobate modulator components for the telecommunications industry. Dr. Paul Suchoski, vice president and general manager of the JDS Uniphase Bloomfield operations, stated, "We expect the Ramar acquisition to add significant technical capabilities to our 10- and 40-gigabit lithium niobate modulator product development activities. Through this acquisition, we believe we can accelerate and broaden our product introductions in these key markets."

Dr. Amaresh Mahapatra, founder and president of Ramar Corporation, added, "We believe the resources of JDS Uniphase will enable us to achieve faster time to market and higher performance with the lithium niobate technology developed at Ramar. We are excited about joining the industry leader and contributing to the future success of its modulator business."

Ramar Corporation is based in Northborough, Massachusetts, and employs 14 people.

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.