Tuesday, August 14, 2012

JDSU to Acquire Korea's GenComm for Wireless Testing

JDSU agreed to acquire GenComm, a provider of wireless test and measurement solutions based in Seoul, South Korea.    Financial terms were not disclosed.

GenComm’s solutions, which are currently distributed by JDSU under an OEM relationship, are used to provision wireless services. Revenue from GenComm products was more than $7.5 million of JDSU’s Communications Test and Measurement business segment revenue in fiscal year 2012.

"The GenComm acquisition will be a great strategic fit for JDSU, allowing us to leverage strong engineering wireless expertise and technology that will help us innovate new ways to support 2G, 3G and emerging 4G networks,” said David Heard, president of JDSU’s Communications Test and Measurement business segment. "Adding the expertise of GenComm’s team in South Korea also expands JDSU’s presence in the fast-growing Asia-Pacific region."


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