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词条 JDSU
释义

  1. History

     Stock  Shareholder litigation 

  2. References

     Litigation references 

  3. External links

{{Infobox company
| name = JDS Uniphase Corporation
JDSU
| logo = JDS Uniphase logo.png
| type = Public
| traded_as = {{NASDAQ was|JDSU}}
| predecessor= {{Unbulleted list| JDS Fitel|Uniphase Corporation (1999)}}
| successor = {{Unbulleted list|Viavi Solutions|Lumentum}}
| location = Milpitas, California, USA[1]
| key_people = Thomas H. Waechter[1]
{{small|(CEO, President and Director)}}
David W. Vellequette
{{small|(CFO)}}
| industry = Optical products and broadband communications
| products = {{plainlist|
  • Communications test and measurement equipment; optical communications components, modules, and subsystems.
  • Lasers used for biotechnology, semiconductor manufacturing, and materials processing.
  • Thin film coatings, components, and assemblies used to manage light for displays, instrumentation, office automation, and aerospace/defense.
  • Optical solutions for brand protection and document authentication; and decorative coatings for brand enhancement and differentiation

}}
| locations = 80 offices, serving customers in more than 160 countries
| revenue = {{Decrease}} US$ 1.709 billion (2015)[1]
| operating_income = {{Decrease}} US$ -88.1 million (2015)[1]
| net_income = {{Decrease}} US$ -88.1 million (2015)[1]
| assets = {{Decrease}} US$ 2.218 billion (2015)[1]
| equity = {{Decrease}} US$ 1.101 billion (2015)[1]
| num_employees = 5,100 (2015)[2]
| homepage = {{URL|http://www.jdsu.com|JDSU.com}}
}}

JDS Uniphase Corporation was a company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. It was formerly known as JDS Uniphase, prior to a rebranding of its corporate image on September 14, 2005. The legal entity was called JDS Uniphase Corporation, but more commonly called JDSU. On August 2015, JDSU split into two different companies: Viavi Solutions and Lumentum Holdings.

History

Uniphase was started in 1979 in a San Jose, California garage, and made lasers for chip makers and scanners.[3]

In 1981, JDS Optics was founded in Canada by Jozef Straus, Philip Garel-Jones, Gary Duck, and Bill Sinclair. The "JDS" is short for Jones, Duck and Straus/Sinclair.[4] The company became JDS Fitel when it formed a partnership with Fitel, a fiber optic and optical connector company.[5]

In 1999, JDSU was formed by the merger between JDS Fitel and Uniphase,[6] and became known as JDS Uniphase subsequent to the merger.[7]

Three other major fiber companies were acquired by JDS Uniphase during the telecom boom: Optical Coating Laboratory Inc. (OCLI), bought for $6.2 billion and based in Santa Rosa, California,[8] E-TEK Dynamics, bought for $15 billion, and SDL, bought for $45 billion, both based in San Jose, California.[9]

In 2003, CEO Straus retired and the company moved its headquarters to San Jose, California, to consolidate its business.[10]

In August 3, 2005, the company acquired test and measurement equipment company Acterna for $760 million, which became part of JDSU's Test and Measurement Group.[11] Acterna had been formed by the May 2000 merger of network test solutions developer Wavetek Wandel Goltermann (WWG) and hand-held test equipment developer TTC.[12]

In 2006, the company moved its headquarters to Milpitas, California.{{citation needed|date=October 2016}}

In December 2013, the company announced it was acquiring fellow network performance management company Network Instruments, for $200 million.[13]

On August 1, 2015 JDSU split into Viavi Solutions and Lumentum Holdings Inc.[14]

Stock

During the 1990s, JDS Uniphase stock was a high-flyer tech stock investor favorite. Its stock price doubled three times and three stock splits of 2:1 occurred roughly every 90 days during the last half of 1999 through early 2000, making millionaires of many employees who were stock option holders, and further enabling JDS Uniphase to go on an acquisition and merger binge. After the telecom downturn, JDS Uniphase announced in late July 2001 the largest (up to then) write-down of goodwill. Employment soon dropped as part of the Global Realignment Program from nearly 29,000 to approximately 5,300, many of its factories and facilities were closed around the world, and the stock price dropped from $153 per share to less than $2 per share.

On September 23, 2005, JDSU announced a reverse stock split one-to-eight.[15]

Shareholder litigation

After the 2001 crash of the telecommunications industry, the state of Connecticut filed a lawsuit against the company and four key executives, claiming that they had misled and hid from company shareholders advance knowledge of the company's impending downturn. Unlike most similar lawsuits, which are dismissed or settled before trial, Connecticut's lawsuit went to trial in October, 2007. JDSU was acquitted of all charges in November, 2007.[16]

References

1. ^{{cite web|date=2015-08-25|url=https://www.last10k.com/sec-filings/viav/0001104659-15-061694.htm|title=FY11 Form 10-K|publisher=Viavi Solutions Inc.|accessdate=2016-10-13}}
2. ^{{cite web|date=July 1, 2011|url=https://finance.yahoo.com/q/pr?s=JDSU+Profile|title=More On JDSU; Profile|publisher=Yahoo! Finance|accessdate=March 18, 2015}}
3. ^{{cite book |last=Malik |first=Om |date= 2003-05-30|title= Broadbandits: Inside the $750 Billion Telecom Heist|url= https://books.google.com/books?id=h4329o9LpTsC&pg=PA284&lpg=PA284&dq=uniphase+1979&source=bl&ots=1F2Iyj7uZA&sig=LlEkLhVB3F8sGdBLmbwdc9kT6Fc&hl=en&sa=X&ved=0ahUKEwjQ1eCNp9jPAhXGFj4KHaAVCAwQ6AEIQzAH#v=onepage&q=uniphase%201979&f=false|location= |publisher= John Wiley & Sons|page= 284|isbn=0471434051}}
4. ^{{cite web|url=https://www.theglobeandmail.com/report-on-business/rob-magazine/the-speed-of-light/article18425355/?page=all |title=THE SPEED OF LIGHT |publisher=theglobeandmail.com |date=2009-03-21 |accessdate=2016-10-13}}
5. ^{{cite web |url=http://www.obj.ca/Technology/2013-05-03/article-3224020/What%26rsquo%3Bs-new-with-JDSU-in-Ottawa%3F/1 |title=What’s new with JDSU in Ottawa? |publisher=obj.ca |date=2013-05-03 |accessdate=2016-10-13 |archive-url=https://web.archive.org/web/20161014061137/http://www.obj.ca/Technology/2013-05-03/article-3224020/What%26rsquo%3Bs-new-with-JDSU-in-Ottawa%3F/1 |archive-date=2016-10-14 |dead-url=yes |df= }}
6. ^{{cite web|url=https://www.nytimes.com/1999/01/29/business/uniphase-and-jds-fitel-agree-to-merge.html |title=Uniphase and JDS Fitel Agree to Merge |publisher=nytimes.com |date=1999-01-29 |accessdate=2016-10-13}}
7. ^{{cite web|url=http://www.cbc.ca/news/business/jds-fitel-merges-with-u-s-company-1.184077 |title=JDS Fitel merges with U.S. company |publisher=cbc.ca |date=1999-01-29 |accessdate=2016-10-13}}
8. ^{{cite web|url=http://www.northbaybusinessjournal.com/northbay/sonomacounty/6734231-181/rolf-illsley-sonoma-county-technology?artslide=2&slide=GAL|title=Evolving JDS Uniphase to acquire OCLI |publisher=laserfocusworld.com |date=1999-11-15 |accessdate=2016-10-13}}
9. ^{{cite web|url=http://archive.fortune.com/magazines/fortune/fortune_archive/2000/08/14/285610/index.htm |title=Gorilla In the Midst JDS Uniphase is poised to become king of the fiber-optics jungle. Is it too late to swing along? |publisher=fortune.com |date=2000-08-14 |accessdate=2016-10-13}}
10. ^{{cite web|url=https://www.theglobeandmail.com/report-on-business/jds-to-shut-ottawa-hq-as-straus-departs/article1165169/ |title=JDS to shut Ottawa HQ as Straus departs |publisher=theglobeandmail.com |date=2003-08-22 |accessdate=2016-10-13}}
11. ^{{cite web|url=http://www.lightwaveonline.com/articles/2005/05/jds-uniphase-jumps-into-triple-play-testing-with-acterna-acquisition-53913667.html |title=JDS Uniphase jumps into triple-play testing with Acterna acquisition |publisher=lightwaveonline.com |date=2005-05-24 |accessdate=2016-11-09}}
12. ^{{cite web|url=http://www.frost.com/prod/servlet/market-insight-print.pag?docid=44378390 |title=JDS Uniphase jumps into triple-play testing with Acterna acquisition |publisher=frost.com |date=2005-03-08 |accessdate=2016-11-09}}
13. ^{{cite web|url=http://www.lightreading.com/spit-(service-provider-it)/test-and-measurement/jdsu-acquires-network-instruments/d/d-id/706924 |title=JDSU Acquires Network Instruments|publisher=lightreading.com |date=2013-12-11 |accessdate=2016-10-13}}
14. ^{{cite web|url=http://www.lightwaveonline.com/articles/2015/08/viavi-solutions-lumentum-begin-life-as-jdsu-is-no-more.html |title=Viavi Solutions, Lumentum begin life as JDSU is no more |publisher=lightwaveonline.com |date=2013-08-03 |accessdate=2016-10-13}}
15. ^{{cite web|url=http://usatoday30.usatoday.com/money/perfi/columnist/krantz/2010-08-26-jds-uniphase-stock_N.htm |title=JDS Uniphase stock: Just walk on by |publisher=usatoday.com |date=2010-08-26 |accessdate=2016-10-13}}
16. ^{{cite news|publisher=San Jose Mercury News|accessdate=2016-10-13|title=Jury clears former JDSU execs |author=Chris O'Brien|date=November 27, 2007|url=http://www.mercurynews.com/2007/11/27/jury-clears-former-jdsu-execs/}}

Litigation references

  • Dan Levine. "JDS Uniphase Scores a Win in Securities Case," Law.com, November 28, 2007
  • Kevin M. Lacroix. “Defense Verdict in JDSU Securities Trial,” The D&O Diary, November 27, 2007
  • Stanford Law School Securities Class Action Clearinghouse, November 2007{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}

External links

  • JDSU
  • [https://www.usatoday.com/money/markets/2009-01-20-bush-years-company-winners-losers_N.htm?loc=interstitialskip/ USA Today article about best and worst stocks of the George W. Bush presidency (JDSU last)]
{{Coord|37.4365|-121.923|region:US-CA_type:landmark|display=title}}{{DEFAULTSORT:Jdsu}}

8 : Buildings and structures in Milpitas, California|Companies based in Milpitas, California|Companies formed by merger|Companies formerly listed on NASDAQ|Electronics companies of the United States|Optics manufacturing companies|Photonics companies|Technology companies established in 1999

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