Bookham & BTI Photonic associate

• Publisher: Elsevier Science
• Year: 2003
• Tongue: English
• Weight: 40 KB
• Volume: 16
• Category: Article
• ISSN: 0961-1290
• DOI: 10.1016/s0961-1290(03)00946-3

✦ Synopsis

Agere Systems has acquired Massana Ltd, a developer of Gigabit Ethernet-over-copper physical layer device (PHY) technologies. Agere expects to quickly deliver industry-leading Gigabit Ethernet (GbE) chips to address the transition of Enterprise networks from Fast Ethernet to Gigabit Ethernet speeds.

Agere acquired the Irish company in a stock transaction for approximately 9.1m shares of Agere Class A common stock, valued at about $26.2m.