JDSU Completes Acquisition of American Bank Note Holographics, Inc.
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MILPITAS, Calif., Feb. 13 -- JDSU today announced that it has completed the acquisition of American Bank Note Holographics, Inc. (BULLETIN BOARD: ABHH) ("ABNH"), a market leader in the origination, production and marketing of holograms for security applications and the leading supplier of optical security devices for the transaction card market. ABNH will be integrated into JDSU's Advanced Optical Technologies segment.
"With the completion of the acquisition of ABNH, our combined customers in the fast-growing brand security market now have the benefit of an expanded set of overt and covert authentication options," said Roy Bie, senior vice president and general manager of JDSU's Advanced Optical Technologies business segment.
As a result of the acquisition, each share of ABNH common stock has been converted into the right to receive 0.4479 shares of JDSU common stock and $1.00 of cash.
About JDSU
JDSU (Nasdaq: JDSU; TSX: JDU) enables broadband and optical innovation in the communications, commercial and consumer markets. JDSU is a leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. JDSU is also a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at http://www.jdsu.com/.
Source: JDSU
CONTACT: Investors, Michelle Levine, +1-408-546-4421, michelle.levine@jdsu.com, or Press, Kathleen Greene, +1-408-546-5852, kathleen.greene@jdsu.com, both of JDSU
Web site: http://www.jdsu.com/
