Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: delmarbill who wrote (22649)	8/1/2000 12:21:55 PM
From: signist	Respond to of 42804

Tell it to the street... MRV acquires AstroTerra, creates Optical Access 7/28/2000 Newly formed Optical Access is the beneficiary of the acquisition of AstorTerra Corp. (San Diego, CA) by its parent company MRV Communications (Chatsworth, CA). This move, together with the acquisition of JOLT by MRV, positions Optical Access as a major supplier of solutions combining optical wireless and wavelength division multiplexing fiber technologies. “We are very excited to join forces with an innovative, forward-thinking company like MRV Communications,” said Eric Korevaar, president of AstroTerra. “Combining our expertise in optical wireless technology with the comprehensive solution that Optical Access offers represents a strong step forward in bringing ultra high-speed wireless solutions to the last-mile telecommunications arena.'' AstroTerra’s intellectual property includes technology that uses multiple-transmit apertures to avoid atmospheric scintillation fade. This feature allows wireless optical transmission up to 5 km. In partnership with Lucent Technologies (Murray Hill, NJ), AstroTerra demonstrated a working laser communication system capable of transferring data at rates of 2.5 Gbit/s over a range of 2.4 km. MRV expects to file for an initial public offering of Optical Access within 90 days. Edited by Maeve McKenna, Assistant Editor fiberopticsonline.com