Avanex Signs Supply Deal With Alcatel-Lucent, Pirelli Takes Stake

Alcatel-Lucent has extended its supply agreement with Avanex for an additional three years. In addition, the Pirelli Group has purchased the 12.4 percent stake in Avanex previously held by Alcatel-Lucent. Pirelli also signed a supply agreement with Alcatel-Lucent for related components. Avanex solutions enable or enhance optical wavelength multiplexing, dispersion compensation, switching and routing, transmission, amplification, and include network-managed subsystems.
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