JDSU today said its network enablement, service enablement and optical security and performance products businesses will be renamed Viavi Solutions shortly.
The spin off, which was announced earlier, is expected to complete in Q3 2015. As part of the reshuffle, there will be two independent companies.
Tom Waechter, JDSU’s current president and chief executive officer, will continue to lead Viavi. The focus of Viavi will be on telecom network vendors and telecom service providers.
Tom Waechter, president and chief executive officer of JDSU, said: “Each company will remain committed to continued innovation, and will be led by proven management teams prepared to execute growth strategies designed to help our customers successfully manage the complex opportunities.”
Viavi will work with service providers and enterprises worldwide through periods of intense network transformation. The company offers solutions for end-to-end network and application visibility from a portfolio of instruments, software and services.
The second independent business will be known as Lumentum that will focus on optical components and subsystems for the telecom market, with growth opportunities in data communications, driven by the expansion of cloud networking and data center infrastructure, and in high performance lasers for both macro and micro materials processing applications.
Baburajan K
editor@telecomlead.com
