OFC: Putting It Together
On the odds of a deal actually happening soon: "A year ago, it was maybe 50/50. I think it's crossed that point now," says Ed Cornejo, director of product marketing at Opnext Inc. (Nasdaq: OPXT).
One possibility: Someone from the outside could collect several companies to create a challenger to JDSU (Nasdaq: JDSU; Toronto: JDU). That implies the participation of public equity firms -- and the executive who mentioned this idea to me went on to say the public equity guys haven't been coming around calling.
— Craig Matsumoto, West Coast Editor, Light Reading
OFC/NFOEC coverage: It's all here. Be sure to click the "News Wire" and "Other Content" links to get the full effect.