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General

JDSU to split into Lumentum and Viavi

Friday 27 February 2015 | 09:12 CET | News
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JDSU is moving ahead with the planned spin-off of its Communications and Commercial Optical Products business as a separate company. In a SEC filing, the company said that the new company will be named Lumemtum Holdings. The Lumentum brand reflects CCOP's recognized leadership in optical technologies, commitment to driving innovation, and its ability to effectively address its customers' unique requirements while scaling with quality through well-established technological and operational expertise, the company said. JDSU will distribute the shares of Lumentum on a pro rata basis to JDSU

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Categories: General
Companies: JDSU
Countries: World
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