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JDSU today announced that it has completed its acquisition of the Network Tools business of Finisar Corporation.   The acquisition immediately establishes JDSU as the world’s leading provider of storage area network (SAN) protocol test tools, software and services.

“This acquisition provides JDSU with unique capabilities to address the SAN test market’s best growth opportunities, such as Fibre Channel over Ethernet,” said Dave Holly, president of JDSU’s Communications Test and Measurement business segment.  “We welcome the Network Tools team to JDSU and look forward to combining our respective strengths to deliver test innovation for the benefit of our customers.”

JDSU expects the business to contribute revenue in the mid-to-high single-digit millions of dollars and neutral operating income in the first quarter of fiscal year 2010.

To see the full press release, go to the JDSU site! And if you’re looking for our new home, go to jdsu.com/snt!