Comment by dade_

https://www.photonics.com/Articles/Nortel-Completes-Acquisit...

Oh bubbles... their so bubbly. Remember when there was an unlimited demand for fibre optics because - The Internet? So Nortel and other manufacturers lent the money to their clients building the Internet because the growth was unlimited forever? Except they actually didn't have any money, just stock valuations?

"This is a critical step in our effort to unleash the full potential of our high-performance optical component solutions business," said Clarence Chandran, COO of Nortel Networks. "This acquisition really strengthens Nortel Networks' leadership position in high-performance optical components and modules which are essential to delivering the all-optical Internet."