JDSU announces definitive agreement to acquire Network Tools business from Finisar

摘要

JDSU announced that it has entered into a definitive agreement to acquire the Network Tools business of Finisar Corporation. Network Tools, which had revenue of $44.2 million in Finisar's fiscal year 2009 ending April 30, 2009, is a leading provider of storage area network (SAN) protocol test tools, software, and services. Under the terms of the agreement, JDSU will acquire the Network Tools business for approximately $40.6 million in cash, and the parties expect to close the transaction before the end of July 2009.