JDSU split to take place Aug. 1st
Posted @ 7/23/2015 10:13 AM
JDSU has announced the official timeline for its split into Lumentum and Viavi Solutions: the division and re-naming of the companies will be effective as of Aug. 1. Lumentum shares will be distributed on Aug. 3, with regular trading to begin Aug. 4.
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JDSU has been preparing for its division into two companies, and has just announced a timetable for the split. The naming of the two companies, Lumentum and Viavi, will go live August 1st, 2015. Lumentum will consist of JDSU's optical and photonics products business, and Viavi will represent JDSU's network services, visibility and applications business.
Though the division has yet to take place, you can visit the Lumentum and Viavi preview sites today to learn more.