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Teledyne to purchase test gear maker LeCroy
May 29, 2012Teledyne Technologies Inc. has reached an agreement with (NYSE:TDY) and LeCroy Corp. (NASDAQ:LCRY) to merge LeCroy with a wholly owned subsidiary of Teledyne. To complete the agreement, Teledyne plans to acquire all of the outstanding common shares of LeCroy for $14.30 per share payable in cash. The aggregate value for the transaction is approximately $291 million.
DFN-Verein taps ECI Telecom for X-WiN research network
May 29, 2012ECI Telecom says it will supply Deutsches Forschungsnetz e.V. (DFN-Verein) with the systems provider’s Apollo family of Optimized Multi-Layer Transport (OMLT) platforms to upgrade the X-WiN research network.
1Q12 access equipment revenue slips slightly, says Dell'Oro
May 29, 2012The Dell’Oro Group says in a newly published report that first quarter 2012 revenue for access equipment (cable, DSL, and PON) including infrastructure equipment and CPE declined 8% sequentially. The shrinkage was significantly smaller than reported by Infonetics Research, which pegged the dropped at 22% .
Hittite launches compact optical modulator driver for 40G/100G
May 29, 2012MMIC-based components supplier Hittite Microwave Corp. has released what it claims is the industry’s lowest power and smallest form factor SMT-packaged optical modulator driver. The device has a size of 59-mm2 and consumes 1 W of power for 8-Vpp output.
Reduced spending in China exploits broadband equipment market
May 29, 2012Global spending on DSL, PON, and fiber-to-the-home (FTTH) equipment declined 22% from the fourth quarter of 2011 (4Q11) to the first quarter of 2012 (1Q12), to $1.8 billion, according to the latest report from market research firm Infonetics Research.
Fiber-optic cable links to Seychelles
May 27, 2012The Seychelles East Africa System fiber-optic cable has reached Seychelles this morning at Beau Vallon Bay, heralding another “first” for Seychelles together with a new era of transformation in society and the key to the future of the country.
