It sounds like the management of Avanex (NASDAQ:AVNX) likes where the company is today. This week's earnings report was full of glowing assessments of the future, and the conference call was no ...
Since the bubble years, network equipment makers, particularly fiber optic equipment makers, have been struggling with severely declining revenues, overcapacity, and plummeting margins. Many of these ...
Avanex Corp. said Monday that it has agreed to acquire the optical component businesses of both Alcatel and Corning Inc. for $67.4 million in stock, bolstering its position as a maker of components ...
At first glance, three recent grants of restricted stock to executives at Avanex, the Fremont fiber-optics company, seemed unremarkable. Interim Chief Executive Giovanni Barbarossa was awarded 42,000 ...
Avanex Corp., a designer of photonic processors for optical networks, today cut its outlook for the fiscal fourth quarter ended June 30, and announced a significant layoff. The company said that it ...
FREMONT, Calif. — Avanex Corp. today (Aug. 23, 2003) announced it has entered into an agreement to acquire certain assets of Vitesse Semiconductor Corp.'s optical systems unit in San Jose, Calif. for ...
Avanex Corp. agreed to acquire Oplink Corp. in a stock deal valued at $303.7 million, in a move to strengthen the companies' positions as providers of products for fiber-optics communications networks ...
Bookham Inc. and Avanex Corp. said Tuesday they agreed to merge in an all-stock transaction in which Avanex shareholders will receive 5.426 shares of Bookham stock for every share of Avanex common ...
Though Fremont’s Avanex plans to lay off 210 employees in 2005, according to a document filed Monday with the Securities and Exchange Commission, the optical component provider is on a steady course, ...
Fremont's Avanex Corp., an optical-component maker, said Monday it will close a facility in Texas. Avanex said it will shut down its 22,000-square-foot facility in Richardson, Texas, by the end of the ...