MRV Completes Jolt Acquisition

MRV Communications, Inc. today completed its previously announced acquisition of Jolt Ltd., based in Jerusalem, Israel.

May 1, 2000

1 Min Read

CHATSWORTH, CA--MRV Communications, Inc. today completed its previously announced acquisition of Jolt Ltd., based in Jerusalem, Israel.

Jolt is a pioneer in wireless optics and its products are currently operating on 6 continents, with over 3,000 systems already installed. Jolt currently offers all-weather (except for heavy fog) 2km links and has built its reputation on conservative specifications and reliability. In addition, their products are cost effective and are designed for mass production. Jolt, which is located in Jerusalem, was founded by Dr. David Medved, who is widely known for his pioneering work in the physics of over-the-air optics. MRV believes that the mesh architecture of Jolt’s systems is much more cost effective, reliable and has better performance than a point to multi-point system, as suggested by Terabeam.

MRV has already designed, and demonstrated together with Jolt a wireless IP metropolitan network capable of servicing thousands of clients at low cost. Independently, MRV has been working on Wireless Optics for some time, including the development of a “fog-proof” solution to overcome the last reliability hurdle in free space optical communications.

http://www.mrv.com/

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