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JDSU Purchases Trendium and Time-Bandwidth Products

February 13, 2014

JDSU announced it has acquired substantially all of the assets of Trendium, a provider of real-time intelligence software solutions for customer experience assurance, asset optimization and monetization of big data for 4G/LTE mobile network operators.

In addition, JDSU acquired Time-Bandwidth Products, a provider of high-powered and ultrafast lasers for the industrial and scientific markets.

"Technology is evolving at a rapid pace, making mergers and acquisitions an important part of JDSU's growth strategy as a diversified technology company," said Tom Waechter, president and CEO of JDSU. "These two acquisitions reflect our approach to selectively acquire technology and talent that help meet our customer's rapidly evolving needs in the markets we serve."

JDSU closed the acquisition of Trendium assets on December 10, 2013.

The addition of Trendium employees and technology enables JDSU to introduce a new paradigm of customer experience assurance ("CEA"), enabling operators of 4G/LTE networks to achieve a real and relevant improvement in customer satisfaction while maximizing productivity and profitability for dynamic converged 4G/LTE networks and beyond.

JDSU's solution also helps mobile operators improve the quality of services to users at a fraction of the cost, with a significantly lower technology footprint, in a more scalable manner and in less time compared to existing assurance solutions on the market.

According to a release, the Trendium solution is part of JDSU's mobile assurance and analytics solution recently selected by one of the top five mobile operators in the world. Mobile providers face a demanding environment to deliver a high-quality experience to users for complex services such as mobile video and voice-over-LTE (VoLTE), while also managing the exponential growth of network data and the evolution towards virtualized and dynamic networks. According to analyst firm Analysys Mason, service quality issues are responsible for 40 percent of all customer churn, making service assurance an increasingly important element in the evolving mobile network space.

JDSU's CEA solution includes real-time intelligence, analytics, and a streamlined workflow for identification and resolution of performance problems that have the biggest impact on customer satisfaction. JDSU's solution helps maximize the operator's investment in customer experience assurance and data monetization initiatives by openly feeding third-party systems with unique and customer-centric insight.

"The Trendium team looks forward to expanding its revolutionary approach to customer experience assurance with JDSU," said Sameh Yamany, president and CEO of Trendium. "Our combined engineering talent and JDSU's global sales team and world class support will help us serve mobile operators and their customers with dynamic and cost effective solutions as they continue to evolve their network offerings."

The acquisition of Trendium also makes JDSU a provider of one of the broadest portfolios of LTE solutions and coverage that spans all the way from lab to field, handset to core, and physical layer to application layer.

JDSU closed the acquisition of Time-Bandwidth Products on January 26.

The acquisition of Time-Bandwidth Products strengthens JDSU's position as a provider of lasers for micromachining applications. According to independent market research firm Strategies Unlimited, the market for micromachining is expected to grow to $752 million in 2015, and the ultrafast laser segment of this market is expected to grow by 20 percent to $183 million.

Use of ultrafast lasers for micromachining applications is being driven primarily by increasing use of consumer electronics and connected devices globally. Manufacturers are taking advantage of high- power and ultrafast lasers to create quality micro parts for consumer electronics and to process semiconductor chips for consumer devices.

Ultrafast lasers can precisely process parts at high volumes and use very short light pulses during the manufacturing process to minimize heat, which can negatively impact the quality and functionality of the processed part.

Based in Zurich, Switzerland, Time-Bandwidth Products adds laser technology to JDSU that complements JDSU's current laser portfolio, while enabling Time-Bandwidth Products to leverage JDSU's high volume and low-cost manufacturing model, global sales team and channel relationships.

"For nearly twenty years, Time-Bandwidth Products has been developing ultrafast lasers that provide industrial-level reliability with the performance required for material-processing applications," said Kurt Weingarten, president and CEO of Time- Bandwidth Products. "Combining our expertise in ultrafast lasers for micromachining with JDSU's expertise at vertical integration and high-volume manufacturing will enable JDSU to bring powerful new laser solutions to the market."

JDSU innovates and collaborates with customers to build and operate the highest-performing and highest-value networks in the world.

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