MILPITAS, Calif. (
reached a deal to acquire
Network Solutions communications test business for $165 million in cash.
The transaction is expected to close in June.
The Agilent unit, which includes 4G network verification and deployment products, had fiscal-year revenue of $162 million and 700 employees.
JDS Uniphase said Thursday it expects the acquisition to add to non-GAAP per-share earnings starting in fiscal 2011.
JDS Uniphase said the acquisition "significantly expands" its communications test position, including the emerging market for LTE/4G solutions required by wireless service providers and network equipment manufacturers.
-- Reported by Joseph Woelfel in New York.
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