Friday, January 26, 2007 7:30:00 AM PDT | VentureDeal Staff
CHATSWORTH, CA -- MRV Communications
(Nasdaq: MRV) announced an agreement to acquire Fiberxon, Inc., a supplier of transceivers
for Metro, Access and PON applications, for a total price of $131 million.
MRV is a provider of networking equipment and services, including optical
components. It intends to combine Fiberxon with its Luminent subsidiary,
which makes Metro transceivers and for fiber-to-the-premise deployments.
Shareholders of Fiberxon will receive a combination of cash and stock, and the
transaction is scheduled to close in the first half of 2007.
Email Page | Print Page
Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?
Start your Free 14 Day Trial now – no obligation or credit card required.
Founded in 2006, VentureDeal is a database that provides the latest information about venture capital firms, venture-backed technology companies and transactions throughout North America.
Learn More »
Email Sign Up
© 2016 VentureDeal, Inc., Menlo Park, CA. All Rights Reserved.