JDSU, a provider of communications test and measurement, has entered into a definitive agreement to acquire the Network Tools business of Finisar Corporation. Network Tools is a 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.

The Network Tools portfolio, focused on the SAN analysis and data generation and load testing segments, specializes in a wide range of storage protocols, such as Fiber Channel, Gigabit Ethernet, 10GigE, iSCSI, SAS and SATA. Its portfolio includes Medusa Labs, which provides SAN protocol analysis and test training and services in a live, fully-built storage network environment.

The Network Tools business, currently headquartered in Sunnyvale, CA, includes more than 100 employees worldwide. Upon close of the transaction, Network Tools will form the Storage Network Test unit in the Instrument Business Division of JDSU’s Communications Test and Measurement business segment. Dave Buse will continue to lead the business, reporting to Jerry Gentile, GM of JDSU’s Instrument Business Division.

The Daily

Subscribe

Evoca and Unmudl Team Up for Learnings

NextGen TV provider Evoca and skills-to-job marketplace Unmudl will partner to create the first locally relevant television channel for adult learners seeking short-term courses and credentials. The pair will

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jun 10
The FAXIES Awards – Virtual CelebrationSave the Date! - June 10, 2021
Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.