Fiber series seventh week news Abstract 1

Date:
2012-02-12 12:02:41
   Author:
10Gtek
  
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Week News Abstract For Fiber Series in 10GTEK
The abstract is mainly about the optical communication related products,including: FTTH,GPON,EPON,10gtek.com/' >SFPPLC,PTN,ODN,Optical module,Optical devices,optical communications,Optical transceiver module,Etc.

AT&T taps Fujitsu as optical domain network equipment supplier
AT&T (NYSE:T) has announced it has selected – or, it is believed, selected again -- Fujitsu as one of two domain suppliers for optical transport and metro and core network equipment.The selection positions Fujitsu as a preferred provider of metropolitan and long-haul and optical transport platforms for AT&T’s network. It is not believed that the selection guarantees purchase of a specific amount of equipment. As the announcement put it, “Financial terms of the supplier agreement are still being negotiated.” The duration of the selection was described as "multiyear."
AT&T launched the domain supplier program in 2009 as a way to make its procurement process more efficient and to better ensure the equipment it purchased met its needs. The company established eight domains, with an eye towards choosing two preferred suppliers in each domain. While the company announced Ciena (NASDAQ:CIEN) as one optical domains supplier (see "AT&T selects Ciena for optical transport network, metro and core transport domains"), Fujitsu's potential role as the other supplier was more speculative."After an extensive evaluation of multiple optical and transport equipment suppliers, we are pleased to extend our relationship with Fujitsu," said Tim Harden, president of AT&T's Supply Chain and Fleet Operations organization, which implies that the speculation regarding Fujitsu was likely correct.No announcement regarding Ciena's future status has been made.Whatever gear Fujitsu supplies in its current role will get a workout. AT&T says its IP backbone network carries more than 28.9 petabytes of traffic on an average business day and includes more than 917,000 route miles of fiber-optic cable.
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NI Technology Provides Updated Outlooks on Oclaro, Finisar, JDS-Uniphase, Juniper Networks, and Cisco Systems
Next Inning Technology Research, an online investment newsletter focused on semiconductor and technology stocks, has published a new special report updating outlooks on Oclaro, Finisar, JDS-Uniphase, Juniper Networks, and Cisco Systems .According to a release, Next Inning editor Paul McWilliams was a tech industry executive for more than two decades.McWilliams' latest report takes an in-depth look at Oclaro, JDS-Uniphase, Finisar, and the optical networking sector as a whole. In his coverage, McWilliams offers insights into trends impacting these firms. The report makes a great companion to McWilliams' State of Tech report covering Original Equipment Manufacturers (OEMs) like Cisco, EMC and Juniper. In total, this report covers nine tech companies, spans 25 pages and includes 11 tables that provide comparative fundamental and valuation data.McWilliams covers these topics and more in his recent reports:-- What two factors have led fiber optic stocks like Oclaro, JDS-Uniphase and Finisar to outperform this year? What is unique about the business models of these companies, and why did it lead to a consolidation phase in the industry? Following this consolidation phase in fiber optics, how are Oclaro, JDS-Uniphase and Finisar different and how do they compete with one another?-- How was Oclaro impacted by the flooding in Thailand last year, and how will this impact be reflected in Oclaro's earnings report today? Does McWilliams view Oclaro as having the most potential upside compared to its fiber optics peers? Even after moving up 50 percent in a short period, could Oclaro shares double from here in the near term?-- Has Cisco taken notable market share from Juniper and China-based firms ZTE and Huawei? Based on McWilliams' balance sheet and earnings analysis, could Cisco shares rally by 75 percent or more in 2012?-- Did Juniper make a mistake by moving away from merchant silicon in favor of an ASIC solution in its MX 3D? Is Juniper in a good position to leverage its large stash of cash to acquire companies that will help fuel its growth? Why hasn't Juniper made any significant acquisitions? Might Juniper instead by acquired by another firm? Which tech giant would make the most sense as a potential acquirer of Juniper?
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Semtech to acquire Gennum
Semtech Corp. (NASDAQ: SMTC) says it will buy fellow analog and mixed-signal semiconductor developer Gennum Corp. (TSX:GND) for approximately CDN$500 million (approximately US$494 million). Gennum’s products and expertise in devices for optical communications and video broadcast will both strengthen and extend Semtech’s existing line of silicon for the metro, access, and enterprise computing markets, the buyer asserts.Gennum was founded in 1973 and is headquartered in Burlington, Ontario, Canada. Gennum has approximately 450 employees, including more than 240 engineers, and has offices in Canada, Germany, India, Japan, Mexico, Taiwan, the United Kingdom, and the United States. Its devices are used in broadcast, networking, storage, telecommunications, and consumer connectivity equipment.The company has produced devices for a wide range of optical network applications, including Fibre Channel ( see “Gennum addresses 16GFC with SFP+ IC product”) and 10G EPON (see “OFC/NFOEC 2010 Reporter's Notebook, Day 3”). It also has dabbled in optical modules (see “Gennum debuts 3-Gbps video optical modules”)."We are very excited with the acquisition of Gennum Corporation," stated Mohan Maheswaran, Semtech’s president and CEO. "We believe Gennum's unique signal integrity solutions and highly differentiated 1-Gbps to 25-Gbps optical products combined with Semtech's leading 40-Gbps and 100-Gbps SerDes portfolio will deliver one of the industry's most complete and robust portfolios to the communications infrastructure, data communications, and enterprise computing segments. Additionally, Gennum's strong position in video broadcast and the emerging HD video surveillance market broadens and further diversifies Semtech's portfolio of high-performance analog semiconductors targeted at fast growing markets."Semtech expects to finance the acquisition through a combination of cash on hand and new bank financing. The company has received a financing commitment of up to US$400 million from Jefferies Finance LLC. The proposed transaction is not subject to a financing condition.Semtech estimates that the acquisition will result in at least $15 million in annual synergies, which Semtech expects will be achieved in full in Semtech's fiscal year 2014. Semtech's management expects that the acquisition will be accretive to non-GAAP earnings per share by more than 20 cents in fiscal year 2013 and more than 40 cents in fiscal year 2014.The transaction has been reviewed by a Special Committee of the Board of Directors of Gennum and has been unanimously approved by Gennum’s board. The agreement calls for Semtech to pay a CDN$19.35 million termination fee under certain circumstances if the deal falls through. Semtech also has the right to match competing offers.The transaction still requires the approval of at least 66.67% of votes cast by Gennum shareholders at a special meeting of shareholders, expected to be held in mid-March 2012. The acquisition also is subject to the satisfaction of certain other closing conditions, including the approval of the Ontario Superior Court of Justice. The transaction is not subject to the receipt of any regulatory approvals.
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The above information is edited by 10GTEK.

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