Nortel Buys JDS Uniphase Diode Business
ZURICH, Switzerland -- ZURICH, Switzerland -- After months of negotiations and shareholder votes, two very close, very large photonics companies still hold more than 80 percent of the market share for 980-nm pump diodes. Until last month, JDS Uniphase of Ottawa and SDL Inc. of San Jose, Calif., held that solid majority before agreeing to merge. In fact, JDS Uniphase may have held it all (or none of it) for a brief instant Feb. 13, as the pen swung between signing the contract to acquire SDL and the contract to sell...