JDS Uniphase Corporation
) recently announced the acquisition of Trendium, a real-time
intelligence software solutions supplier for customer experience
assurance (CEA), asset expansion and generation of substantial
income from mobile operators of 4G/LTE networks. However,
financial details of the deal have not been revealed by the
The takeover of Trendium will assist JDS Uniphase in gathering
and studying information about its networks in a much faster and
simpler manner. The technological expertise gained from this
acquisition has also helped the company to get a $10 million
contract from a small mobile operator. Recently, JDS Uniphase
also acquired privately held Network Instruments, a global
developer of enterprise network and application-performance
The Trendium and Network Instruments buyouts are expected to
strengthen the foothold of JDS Uniphase in the enterprise, data
center and cloud networking segments. At the end of the second
quarter of fiscal 2014, JDS Uniphase had $1,065.4 million worth
of cash & marketable securities. The company has made a
number of acquisitions in the past one year.
Notably, the company reported strong second-quarter fiscal
2014 results. Both the top and the bottom line outpaced the
respective Zacks Consensus Estimate. Moreover, management
provided a robust revenue outlook for the ensuing third quarter
of fiscal 2014 on the back of strong demand from the upcoming 4G
LTE network deployment in China.
Other Stocks to Consider
JDS Uniphase currently has a Zacks Rank #3 (Hold). Other
better-ranked stocks in the Communications Component
manufacturing industry include
Premiere Global Services, Inc.
Oplink Communications, Inc.
). All these stocks carry a Zacks Rank #2 (Buy).
JDS UNIPHASE CP (JDSU): Free Stock Analysis
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PREMIERE GLOBAL (PGI): Free Stock Analysis
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