at Zacks.com (Jan 21, 2015)
Alcatel-Lucent (ALU) has acquired Capella Photonics, a maker of advanced wavelength selective switch (WSS) components for optical switching hardware. The purchase comes after ALU reported a 17.5% Y/Y Q3 sales drop for its Optics division, and at a time when the company is reportedly mulling the sale of its submarine optical business. Finisar (FNSR) is a major WSS component supplier.
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