Bookham, Avanex join optical component M&A trend

Optical components companies Bookham and Avanex, in a long-anticipated move, announced an all-stock, $35 million merger with the aim of strengthening amid a consolidating sector. JDS Uniphase has ruled the optical components market, but in the last year or so, other manufacturers have been positioning to compete more actively for the business of larger network operators and primary equipment suppliers that might otherwise overlook them. Among those moves, Finisar merged with Optium, and Opnext acquired Stratalight. The combined company will offer products that include high-speed optical transceivers, tunable lasers, remote configurable add/drop multiplexers and other components.

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Finisar and Optium merged last year
Former Hitachi unit Opnext bought Stratlight last year

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