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Finisar to buy Optium for $211.7M

Finisar Corp., a maker of wireless network components, said Friday it will buy telecommunication equipment company Optium Corp. in an all-stock deal worth about $211.7 million. (OPTM) (FNSR)

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Finisar expects 4Q sales to beat Wall Street view

Wireless network component maker Finisar Corp. said Friday it expects its fiscal fourth-quarter sales to beat Wall Street forecasts.

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Finisar to buy Optium Corp. for $212 million

Wireless network component maker Finisar Corp. said Friday it will buy Optium Corp., which makes telecommunication equipment, in an all-stock deal worth approximately $211.7 million.

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Finisar to buy Optium for $213 million in all-stock deal

LONDON (MarketWatch) -- Finisar said it's going to buy Optium Corp. in an all-stock deal that will create the world's largest supplier of optical components, modules and subsystems for the communications industry, with annual revenue of $660 million. Terms call for each Optium holder to receive 6.262 Finisar shares, which would value it at Thursday's closing price at $8.33 a share, compared...

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Finisar and Optium Agree to Combine in All-Stock Merger

SUNNYVALE, CA, and HORSHAM, PA -- 05/16/08 -- Finisar Corporation (NASDAQ: FNSR) and Optium Corporation (NASDAQ: OPTM) jointly announced today that they have entered into a definitive agreement under which the two companies will be combined through..

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Finisar Corporation: Finisar and Optium Agree to Combine in All-Stock Merger

SUNNYVALE, CA, and HORSHAM, PA (MARKET WIRE) Finisar Corporation (NASDAQ: FNSR) and Optium Corporation (NASDAQ: OPTM) jointly announced today that they have entered into a definitive agreement under which the two companies will be combined through an all-stock merger, creating the world's largest supplier of optical components, modules and subsystems for the communications industry. The combined...

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Zacks Bull and Bear of the Day Highlights: Hain Celestial Group, Washington Mutual, Iconix Brand Group, Alpharma and Finisar Corporation

As a leading provider of fiber optical products as well as network test and monitoring systems, Finisar Corporation has gained a strong position in short-distance, low-cost portion of the Ethernet market. With growing demand for bandwidth, particularly for video and IPTV, demand for high-speed bandwidth solutions such as 10 Gigabit Ethernet has increased rapidly. Given its leadership position...

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Before the Call: Soothsaying Cisco

... pushing Cisco to the very top of the heap in its sector: Communication Devices Group Cisco ***** Finisar **** Blue Coat**** Riverbed Technology **** Orsus Xelent(AMEX: **** Juniper Networks *** 3Com ** Wall Street vs. Main StreetAnd if you think we mere mortals are bullish on Cisco, you should see what the investing demigods on Wall Street have to say about it. Of the 20 analysts who've...

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TheSUBWAY.com: Stock Market Watch for Monday, May 05, 2008: LGDI Announces Huge Deal!

WESTON, FL (MARKET WIRE) TheSUBWAY.com: Names the following stocks to its Stock Watch List: Legend International Holdings, Inc (OTCBB: LGDI), SIRIUS Satellite Radio (NASDAQ: SIRI), Magma Design Automation Inc. (NASDAQ: LAVA), Finisar Corporation (NASDAQ: FNSR).

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Finisar: Finisar Delivers Industry's First 6 Gb/s SAS Error Injector for Storage Product Testing

SUNNYVALE, CA (MARKET WIRE) Finisar Corporation (NASDAQ: FNSR), a global technology leader in fiber optic and test and measurement solutions for high-speed networks, today announced that it is shipping Xgig(R) Jammer 2.9, the industry's first 6 Gb/s SAS error injector used for high-performance testing of storage products. The Xgig(R) Jammer provides 6 Gb/s SAS protocol testing support to greatly...

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Finisar v. DirecTV: Software Means-Plus-Function Claim must be Supported by Particular Structure

Finisar v. DirecTV (Fed. Cir. 2008) [This is Part II of the case discussion. Read Part I] In a cross-appeal, Finisar asked the CAFC to overturn the lower court's findings that its means-plus-function claims were invalid for failing to disclose...

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Finisar v. DirecTV: Parallel Claim Construction and Construing the Prior Art

Finisar v. DirecTV (Fed. Cir. 2008) After a jury found that DirecTV willfully infringed Finisar’s information broadcast patent, the Eastern District of Texas court (Judge Clark) awarded over $100 million to the patentee for past damages. Instead of an injunction...

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CAFC Reverses Key Parts of Judgment in Finisar v. DirecTV

Finisar Corp. v. The DirecTV Group (2007-1023) April 18, 2008 ( link ) By a jury verdict, the E.D Texas found that DirecTV willfully infringed Finisar's U.S. Patent No. 5,404,505 (the ’505 patent), and the jury awarded $78.9 million in reasonable royalty damages, and $25 million in enhanced damages. On appeal, DirectTV challenged numerous issues in the case. Claim Construction: On appeal, the CAFC...

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Finisar's DirecTV Suit Sent to Lower Court

A federal court of appeals sent Finisar's suit against DirecTV back to a lower court, vacating decisions that called for DirecTV to pay Finisar over $100 million for infringing on an information-transmission patent.

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Before the Bell Weekend Edition: Market's 'Glimmer of Hope' Next Weekt; Take-Two Gains Upper Hand; Find Out Who Beat the Street

... its infrastructure, China's economy is hot. Here's how not to get burned. 4/16/2008 12:49 PM EDT Finisar Falls After Court Ruling A U.S. Court of Appeals reverses part of a patent case the company brought against DirecTV. 4/18/2008 4:43 PM EDT Take-Two Gains Upper Hand EA's announcement leaves Take-Two in a better position to get what it wants from the buyout battle. 4/18/2008 2:42 PM EDT...