JDSU Expands its Advanced Optical Technologies Segment

JDSU today announced that it has completed the acquisition of American Bank Note Holographics, Inc., 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.