What happened to JDSU employment?
Employment soon dropped as part of the Global Realignment Program from nearly 29,000 to approximately 5,300, many of its factories and facilities were closed around the world, and the stock price dropped from $153 per share to less than $2 per share. On September 23, 2005, JDSU announced a reverse stock split one-to-eight.
What happened to JDS Uniphase stock?
On August 1, 2015 JDSU split into Viavi Solutions and Lumentum Holdings Inc. During the 1990s, JDS Uniphase stock was a high-flyer tech stock investor favorite.
What is the history of JDSU?
In 1999, JDSU was formed by the merger between JDS Fitel and Uniphase, and became known as JDS Uniphase subsequent to the merger.
When did JDSU buy Acterna?
In 2003, CEO Straus retired and the company moved its headquarters to San Jose, California, to consolidate its business. In August 3, 2005, the company acquired test and measurement equipment company Acterna for $760 million, which became part of JDSU's Test and Measurement Group.
What happen to JDSU?
JDSU officially split into Viavi Solutions (NASDAQ:VIAV) and Lumentum Holdings Inc. (NASDAQ:LITE) August 1. Their respective stocks will begin trading August 4. The split ends JDSU's reign as one of the top companies in optical communications technology and test and measurement.
What COMPANY has the stock symbol JDSU?
Viavi Solutions IncJDSU:US. Viavi Solutions Inc. COMPANY INFO. Before it's here, it's on the Bloomberg Terminal.
Is JDSU still in business?
In August 2015, JDSU split into two different companies – Viavi Solutions and Lumentum Holdings....JDSU.TypePublicIndustryOptical products and broadband communicationsPredecessorsJDS Fitel Uniphase Corporation (1999)Defunct2015FateSplit into Viavi Solutions and Lumentum Holdings14 more rows
What does JDSU stand for?
JDSUAcronymDefinitionJDSUJharkhand Disom Students UnionJDSUJDS (Jones, Duck and Straus/Sinclair) Uniphase Corporation (California)
How much is Lucent stock today?
Performance OutlookPrevious Close6.65Open6.85Bid6.85 x 0Ask7.05 x 0Day's Range6.75 - 6.853 more rows
What is Genesis stock price?
TWO) Stock Price, News, Quote & History - Yahoo Finance....Performance Outlook.Previous Close49.4552 Week Range43.50 - 72.00Volume20,265Avg. Volume17,2384 more rows
When did JDSU become Viavi?
August 1, 2015Milpitas, Calif., August 3, 2015 – VIAVI Solutions Inc. (“VIAVI”), formerly JDSU, announced the completion of the spinoff of its Communications and Commercial Optical Product business segment (“CCOP”) on August 1, 2015.
What is a JDSU tester?
This JDSU cable tester is a handheld device that you can carry conveniently in a pouch. This handheld cable tester gives you the ability to test IPv6 networks thoroughly all the way from Layer 1 through to Layer 7.
What happens when JDSU splits its stock?
When a company such as JDSU splits its shares, the market capitalization before and after the split takes place remains stable , meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers.
What does "2 for 1" mean in JDSU?
This was a 2 for 1 split, meaning for each share of JDSU owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. JDSU's 4th split took place on December 30, 1999.
What is JDS Uniphase?
JDS Uniphase is a provider of network and service enablement solutions and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises.
When did JDSU split?
The first split for JDSU took place on June 04, 1996. This was a 2 for 1 split, meaning for each share of JDSU owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. JDSU's second split took place on November 13, 1997.
What is JDSU optical?
JDS Uniphase Corporation was a company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. It was formerly known as JDS Uniphase, prior to a rebranding of its corporate image on September 14, 2005. The legal entity was called JDS Uniphase Corporation, but more commonly called JDSU. In August 2015, JDSU split into two different companies: Viavi Solutions and Lumentum Holdings .
Where was Uniphase made?
Uniphase was started in 1979 in a San Jose, California garage , and made lasers for chip makers and scanners. In 1981, JDS Optics was founded in Canada by Jozef Straus, Philip Garel-Jones, Gary Duck, and Bill Sinclair. The "JDS" is short for Jones, Duck and Straus/Sinclair. The company became JDS Fitel when it formed a partnership with Fitel, ...
When did JDSU go to trial?
After the 2001 crash of the telecommunications industry, the state of Connecticut filed a lawsuit against the company and four key executives, claiming that they had misled and hid from company shareholders advance knowledge of the company's impending downturn. Unlike most similar lawsuits, which are dismissed or settled before trial, Connecticut's lawsuit went to trial in October, 2007. JDSU was acquitted of all charges in November, 2007.
Where is JDSU located?
It was headquartered in Milpitas, California. It was formerly known as JDS Uniphase, prior to a rebranding of its corporate image on September 14, 2005. The legal entity was called JDS Uniphase Corporation, but more commonly called JDSU.
Where is JDSU headquarters?
In 2003, CEO Straus retired, and the company moved its headquarters to San Jose , California, to consolidate its business. On August 3, 2005, the company acquired test and measurement equipment company Acterna for $760 million, which became part of JDSU's Test and Measurement Group.
