M&A Deal Summary

MRV Communications Acquires AstroTerra

On December 31, 2003, MRV Communications acquired technology hardware company AstroTerra

Acquisition Highlights
  • This is MRV Communications’ 5th transaction in the Technology Hardware sector.
  • This is MRV Communications’ 1st transaction in the United States.
  • This is MRV Communications’ 1st transaction in California.

M&A Deal Summary

Date 2003-12-31
Target AstroTerra
Sector Technology Hardware
Buyer(s) MRV Communications
Deal Type Add-on Acquisition

Target

AstroTerra

San Diego, California, United States
AstroTerra Corp. is a manufacturer of free-space optical wireless products and services.

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Buyer(S) 1

Buyer

MRV Communications

Chatsworth, California, United States

Category Company
Founded 1988
Sector Technology Hardware
Employees268
Revenue 80M USD (2016)
DESCRIPTION

MRV Communications, Inc. is a provider of packet and optical solutions that power the world’s largest networks. MRV products combine innovative hardware with intelligent software to make networks smarter, faster and more efficient.


DEAL STATS #
Overall 5 of 6
Sector: Technology Hardware M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 6
State: California M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2003 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-31 Optronics International

Hsin-Chu, Taiwan

Optronics International Corp. is a manufacturer of communication products in Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-26 Fiberxon

Santa Clara, California, United States

Fiberxon Inc. is focused on the design, manufacturing, and marketing of best-in-class and cost-effective optoelectronic interface modules and solutions for communication systems and networks. Founded in 2000, Fiberxon has its headquarters in Santa Clara, California, and subsidiaries and offices in Tokyo, Beijing, Shanghai, Shenzhen and Chengdu and Macao. Supported by leading venture capital and world-class strategic partners, Fiberxon meets the demands of its customers worldwide with products and services derived from its innovation in technology, product development, and manufacturing processes, as well as its complete quality and reliability assurance systems.

Buy $131M