Editing JDSU (section)

==History==
Uniphase was started in 1979 in a [[San Jose, California]] garage, and made lasers for chip makers and scanners.<ref>{{cite book |last=Malik |first=Om |date= 2003-05-30|title= Broadbandits: Inside the $750 Billion Telecom Heist|url= https://archive.org/details/broadbanditsinsi00mali|url-access=registration |quote=uniphase 1979. |publisher= [[John Wiley & Sons]]|page= [https://archive.org/details/broadbanditsinsi00mali/page/284 284]|isbn=0471434051}}</ref>

In 1981, JDS Optics was founded in [[Ottawa]], [[Ontario]] by Philip Garel-Jones, Gary Duck, Jozef Straus, and Bill Sinclair.  The "JDS" is short for Jones, Duck and Straus/Sinclair.<ref>{{cite web|url=https://www.theglobeandmail.com/report-on-business/rob-magazine/the-speed-of-light/article18425355/?page=all |title=THE SPEED OF LIGHT  |publisher=theglobeandmail.com |date=2009-03-21 |access-date=2016-10-13}}</ref> The company became JDS Fitel when it formed a partnership with Fitel, a fiber optic and optical connector company.<ref>{{cite web |url=http://www.obj.ca/Technology/2013-05-03/article-3224020/What%26rsquo%3Bs-new-with-JDSU-in-Ottawa%3F/1 |title=What's new with JDSU in Ottawa? |publisher=obj.ca |date=2013-05-03 |access-date=2016-10-13 |archive-url=https://web.archive.org/web/20161014061137/http://www.obj.ca/Technology/2013-05-03/article-3224020/What%26rsquo%3Bs-new-with-JDSU-in-Ottawa%3F/1 |archive-date=2016-10-14 |url-status=dead }}</ref>

In 1999, JDSU was formed by the merger between JDS Fitel and Uniphase,<ref>{{cite web|url=https://www.nytimes.com/1999/01/29/business/uniphase-and-jds-fitel-agree-to-merge.html |title=Uniphase and JDS Fitel Agree to Merge  |work=[[The New York Times]] |date=1999-01-29 |access-date=2016-10-13}}</ref> and it became known as JDS Uniphase subsequent to the merger.<ref>{{cite web|url=http://www.cbc.ca/news/business/jds-fitel-merges-with-u-s-company-1.184077 |title=JDS Fitel merges with U.S. company  |publisher=cbc.ca |date=1999-01-29 |access-date=2016-10-13}}</ref>

Three other major fiber companies were acquired by JDS Uniphase during the telecom boom – [[Optical Coating Laboratory Incorporated|Optical Coating Laboratory Inc.]] (OCLI), bought for $6.2 billion and based in [[Santa Rosa, California]],<ref>{{cite web|url=http://www.northbaybusinessjournal.com/northbay/sonomacounty/6734231-181/rolf-illsley-sonoma-county-technology?artslide=2&slide=GAL|title=Evolving JDS Uniphase to acquire OCLI |publisher=laserfocusworld.com |date=1999-11-15 |access-date=2016-10-13}}</ref> E-TEK Dynamics, bought for $15 billion, and SDL, bought for $45 billion, both based in [[San Jose, California]].<ref>{{cite web|url=https://money.cnn.com/magazines/fortune/fortune_archive/2000/08/14/285610/index.htm |title=Gorilla In the Midst JDS Uniphase is poised to become king of the fiber-optics jungle. Is it too late to swing along? |publisher=fortune.com |date=2000-08-14 |access-date=2016-10-13}}</ref>

In 2003, CEO Straus retired, and the company moved its headquarters to San Jose, California, to consolidate its business.<ref>{{cite web|url=https://www.theglobeandmail.com/report-on-business/jds-to-shut-ottawa-hq-as-straus-departs/article1165169/ |title=JDS to shut Ottawa HQ as Straus departs |publisher=theglobeandmail.com |date=2003-08-22 |access-date=2016-10-13}}</ref>

On August 3, 2005, the company acquired test and measurement equipment company [[Acterna]] for $760 million, which became part of JDSU's Test and Measurement Group.<ref>{{cite web|url=http://www.lightwaveonline.com/articles/2005/05/jds-uniphase-jumps-into-triple-play-testing-with-acterna-acquisition-53913667.html |title=JDS Uniphase jumps into triple-play testing with Acterna acquisition |publisher=lightwaveonline.com |date=2005-05-24 |access-date=2016-11-09}}</ref>  Acterna had been formed by the May 2000 merger of network test solutions developer [[Wavetek|Wavetek Wandel Goltermann]] (WWG) and hand-held test equipment developer TTC.<ref>{{cite web|url=http://www.frost.com/prod/servlet/market-insight-print.pag?docid=44378390 |title=JDS Uniphase jumps into triple-play testing with Acterna acquisition |url-status=dead |archive-url=https://web.archive.org/web/20161110105544/http://www.frost.com/prod/servlet/market-insight-print.pag?docid=44378390 |archive-date=2016-11-10 |publisher=frost.com |date=2005-03-08 |access-date=2016-11-09}}</ref>

In 2006, the company moved its headquarters to Milpitas, California.{{citation needed|date=October 2016}}

In December 2013, the company announced it was acquiring fellow network performance management company Network Instruments, for $200 million.<ref>{{cite news|url=http://www.lightreading.com/spit-(service-provider-it)/test-and-measurement/jdsu-acquires-network-instruments/d/d-id/706924 |title=JDSU Acquires Network Instruments|newspaper=Light Reading |publisher=lightreading.com |date=2013-12-11 |access-date=2016-10-13}}</ref>

On August 1, 2015, JDSU  split into [[Viavi Solutions]] and Lumentum Holdings Inc.<ref name=lightwave1>{{cite web|url=http://www.lightwaveonline.com/articles/2015/08/viavi-solutions-lumentum-begin-life-as-jdsu-is-no-more.html |title=Viavi Solutions, Lumentum begin life as JDSU is no more |publisher=lightwaveonline.com |date=2013-08-03 |access-date=2016-10-13}}</ref>

===Stock===
During the 1990s, JDS Uniphase stock was a high-flyer tech stock investor favorite. Its stock price doubled three times and three [[stock split]]s of 2:1 occurred roughly every 90 days during the last half of 1999 through early 2000, making millionaires of many employees who were stock [[Option (finance)|option]] holders, and further enabling JDS Uniphase to go on an acquisition and merger binge. After a downturn in the telecom industry as part of the [[dot com bubble]], JDS Uniphase announced in late July 2001 the largest (up to then) write-down of goodwill. Employment soon dropped as part of the Global Realignment Program from nearly 29,000 to approximately 5,300, many of its factories and facilities were closed around the world, and the stock price dropped from $153 per share to less than $2 per share.

On September 23, 2005, JDSU announced a [[reverse stock split]] one-to-eight.<ref>{{cite web|url=http://usatoday30.usatoday.com/money/perfi/columnist/krantz/2010-08-26-jds-uniphase-stock_N.htm |title=JDS Uniphase stock: Just walk on by |publisher=usatoday.com |date=2010-08-26 |access-date=2016-10-13}}</ref>

===Shareholder litigation===
After the 2001 crash of the telecommunications industry, the state of [[Connecticut]] filed a lawsuit against the company and four key executives, claiming that they had misled and hid from company shareholders advance knowledge of the company's impending downturn. Unlike most similar lawsuits, which are dismissed or settled before trial, Connecticut's lawsuit went to trial in October, 2007. JDSU was acquitted of all charges in November, 2007.<ref>{{cite news|work=San Jose Mercury News|access-date=2016-10-13|title=Jury clears former JDSU execs |author=Chris O'Brien|date=November 27, 2007|url=http://www.mercurynews.com/2007/11/27/jury-clears-former-jdsu-execs/}}</ref>