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., 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 ...

Alexandre Krivine, an entrepreneur with past connections to Alcatel, takes over the management of Avanex's III-V semiconductor operations in Nozay, France. Optical communications component and module ...

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 ...

LONDON — Acquisitive optical components group Avanex Corp. is attempting to sell its Livingston, Scotland, facility originally established by arrayed waveguide gratings startup Kymata. Kymata was sold ...

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 ...

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 ...

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 ...

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, ...