socalTechnews
Log in | Join | Subscribe

Home
Mobile
News and Events
  • Headlines
  • Events
  • Interviews
  • Jobs
  • Directory
    		•
    Members Only
  • Networking
  • Venture Deals
  • Venture Firms
  • Companies
    • About
  • Membership
  • About
  • Contact Us
    		•

    Search News
    Friday, April 23, 2004

    Zhone Buys Sorrento Networks
    Zhone Technologies has acquired San Diego-based Sorrento Networks in a all stock transaction. The move will add Sorrento's dense wave-division multiplexing (DWDM) and coarse WDM (CWDM) to its product line. The deal is worth approximately $37M based on Zhone's Thursday closing price and number of outstanding shares. The company had a loss of $17.6M ON revenues of $25.4M in fiscal 2004.
    posted on Friday, April 23, 2004

    Related stories:
    > Sorrento, Calient Networks Partner
    > Sorrento Closes $10M Private Placement
    > OmniLux Hires VPs
    > V-ENABLE Upgrades Mobile Software
    > Spire Equity Launches Private Equity Firm

    RSS subscri be via emailEmail Twitter


    Previous news:

     Thursday, November 20, 2008
    Wednesday, November 19, 2008
    Tuesday, November 18, 2008
    Monday, November 17, 2008
    Friday, November 14, 2008