Lucent buys Ortel for $2.95 billion

Feb. 21, 2000
In another merger driven by the rapidly changing world of media and communications, Lucent Technologies (Murray Hill, NJ) has bought Ortel Corp. (Alhambra, CA) in a deal worth approximately $2.95 billion.

In another merger driven by the rapidly changing world of media and communications, Lucent Technologies (Murray Hill, NJ) has bought Ortel Corp. (Alhambra, CA) in a deal worth approximately $2.95 billion.

The purchase, which is expected to be completed during the quarter that will end June 30, will give Lucent access to Ortel's optoelectronic components for cable television networks. Lucent said the purchase will help move CATV networks from one-way broadcast to a two-way interactive medium. Ortel is a supplier to CATV equipment manufacturers General Instrument (Horsham, PA) and Antec (Duluth, GA), among others that it is contractually bound not to disclose.

Lucent will also gain Ortel's uncooled 980-nm pump lasers for amplifiers in metropolitan area networks as well as 10 Gbit/s transceiver components for optical networking.

"This acquisition marries our communications optoelectronics leadership with Ortel's expertise in optoelectronics for cable TV, and positions us to support the converging needs of these markets," said John Dickson, CEO of Lucent's Microelectronics and Communications Technologies unit.

About the Author

Neil Savage | Associate Editor

Neil Savage was an associate editor for Laser Focus World from 1998 through 2000.

Sponsored Recommendations

Request a quote: Micro 3D Printed Part or microArch micro-precision 3D printers

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a Micro 3D Printed Benchmark Part: Send us your file.

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

How to Tune Servo Systems: The Basics

April 10, 2024
Learn how to tune a servo system using frequency-based tools to meet system specifications by watching our webinar!

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!