A number of companies do some form of seed development,
—Michael Neiberg
Corning wants to be a player in optical components space, … Their biggest competitor is JDS.
I think a lot of people were looking for Nortel to make a big deal in the optical space, where they’ve been making a lot of acquisitions, … They went a little bit off the...
Lucent knows that in the longer term, it’s going to continue to win business and it can offer customers almost any major service, … This is a way for it to broaden its product line....
This investment is only a couple of hundred million, which is really nothing for them. But this does appear to be more a of a residential-type of product, which is surprising.
As part of the evolutionary process, we will continue to see acquisitions to as a way to satisfy customer needs.
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