Milpitas, CA - JDSU has acquired Time-Bandwidth Products, a provider of high-powered and ultrafast lasers for the industrial and scientific markets, and substantially all of the assets of Trendium, a provider of real-time intelligence software solutions for customer experience assurance, asset optimization and monetization of big data for 4G/LTE mobile network operators.
"Technology is evolving at a rapid pace, making mergers and acquisitions an important part of JDSU's growth strategy as a diversified technology company," said Tom Waechter, president and CEO of JDSU. "These two acquisitions reflect our approach to selectively acquire technology and talent that help meet our customer's rapidly evolving needs in the markets we serve."
JDSU closed the acquisition of Time-Bandwidth Products on January 26, 2014. Its acquisition strengthens JDSU's position as a leading provider of lasers for micromachining applications. According to independent market research firm Strategies Unlimited, the market for micromachining is expected to grow to $752 million in 2015, and the ultrafast laser segment of this market is expected to grow by 20 percent to $183 million.
Use of ultrafast lasers for micromachining applications is being driven primarily by increasing use of consumer electronics and connected devices globally. Manufacturers are taking advantage of high- power and ultrafast lasers to create quality micro parts for consumer electronics and to process semiconductor chips for consumer devices.
Ultrafast lasers can rapidly and precisely process parts at high volumes and use very short light pulses during the manufacturing process to minimize heat, which can negatively impact the quality and functionality of the processed part.
Based in Zurich, Switzerland, Time-Bandwidth Products adds innovative laser technology to JDSU that complements JDSU's current laser portfolio, while enabling Time-Bandwidth Products to leverage JDSU's high volume and low-cost manufacturing model, global sales team and channel relationships.
"For nearly 20 years, Time-Bandwidth Products has been developing ultrafast lasers that provide industrial-level reliability with the performance required for material processing applications," said Kurt Weingarten, president and CEO of Time-Bandwidth Products. "Combining our expertise in ultrafast lasers for micromachining with JDSU's expertise at vertical integration and high-volume manufacturing will enable JDSU to bring powerful new laser solutions to the market."
The addition of Trendium employees and technology enables JDSU to introduce a new paradigm of customer experience assurance, enabling operators of 4G/LTE networks to achieve a real and relevant improvement in customer satisfaction while maximizing productivity and profitability for dynamic converged 4G/LTE networks and beyond, said the release.
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