JDSU Acquires Location-Aware Mobility Solutions Provider Arieso

JDSU Acquires Location-Aware Mobility Solutions Provider Arieso 
Acquisition Advances Mobile Strategy With Software Solution That
Extends Mobile Network Visibility Beyond the Edge 
MILPITAS, CA -- (Marketwire) -- 03/08/13 --  JDSU (NASDAQ: JDSU)
(TSX: JDU) today announced it has acquired Arieso, a global leader in
location-aware software solutions that enable mobile network
operators to boost 2G, 3G and 4G/LTE network performance and enrich
the mobile subscriber experience. JDSU acquired Arieso for $85
million in cash.  
Headquartered in Newbury, United Kingdom, Arieso brings high-caliber
mobile software engineering expertise to JDSU to address the rapidly
growing deployment of small cells and challenges associated with
limited spectrum capacity. Adopted by leading wireless network
operators and equipment manufacturers, Arieso's solutions locate,
store and analyze data from billions of mobile connection events that
translate into rich intelligence to help mobile operators optimize
network performance, improve customer experience and create new
revenue-generating services.  
The acquisition advances JDSU's mobility strategy by extending
visibility all the way to the subscriber location, providing critical
intelligence that allows radio access network (RAN) optimization
teams to maximize return on investment by identifying ideal locations
for small cells and other self-optimizing network enhancements with
surgical precision, across the widest range of technologies and
JDSU will integrate Arieso's products with complementary solutions
such as PacketPortal, JDSU's open software platform, providing
end-to-end visibility across mobile networks. Arieso's products
enhance the value of PacketPortal by enabling it to capture network
intelligence beyond the edge, creating a competitive advantage for
mobile network operators and equipment manufacturers seeking a more
cost-effective way to improve mobile service and reduce churn.  
"We're excited about the complementary fit between Arieso and JDSU
and the opportunity to extend the customer-centric location aware
approach into the service and application domains, allowing mobile
network operators to take a truly holistic approach to driving
customer experience improvements," said Shirin Dehghan, Arieso's CEO. 
Arieso's products address the RAN optimization and self-optimized
networks (SON) markets, expected to grow from approximately $700
million today to more than $1 billion by 2015. Arieso's bookings for
calendar 2012 were approximately $27 million. Due to the effect of
purchase accounting on deferred revenue existing at close and ratable
revenue recognition for new software sales under US
generally-accepted accounting principles (GAAP), the transaction will
contribute nominal revenue in the remainder of JDSU's third quarter
of fiscal year 2013, and result in an incremental expense on a
non-GAAP basis of $1-2 million.  
"Arieso's mobility expertise, market leadership and culture of
innovation are directly in line with our strategy to deliver
unmatched network visibility and intelligence to our customers," said
David Heard, president of Communications Test and Measurement at
JDSU. "They are a recognized mobility leader and, as part of JDSU,
create new, unique opportunities for innovation in one of the
fastest-growing segments of the market."  
New Products for JDSU
 With the acquisition, JDSU will expand its
portfolio of high-value mobility software with the following

--  AriesoGEO - Multi-vendor, location-aware network monitoring and
    optimization solution that delivers intelligence for more effective
    network performance engineering.
--  AriesoACP - Automated network planning technology that searches all
    possible configurations to deliver optimum network designs.

Both solutions leverage Arieso's proprietary algorithms that provide
highly rich and targeted data from mobile connection events that give
mobile operators visibility into service level activity and usage
JDSU also announced that it will be issuing grants of compensatory
restricted stock unit awards to employees joining JDSU in connection
with the acquisition. The restricted stock unit awards to be granted
to those employees by JDSU are generally comparable to equity awards
that JDSU grants to its similarly situated new employees. These
grants were made under the JDS Uniphase Corporation 2005 Acquisition
Equity Incentive Plan, which was approved by the Board of Directors
of JDSU, but not submitted for the approval of the stockholders of
These restricted stock unit awards were approved by the JDS Uniphase
Corporation Board of Directors on March 1, 2013, with such approval
being further subject to the close of the acquisition. Pursuant to
such approval, on March 15, 2013, JDSU will award restricted stock
units covering a total of 207,880 shares of JDSU common stock. Awards
will be granted to 12 employees.  
The restricted stock units to be granted will contain the same terms
and conditions as the standard form of restricted stock unit award
agreement previously approved by the Board of Directors of JDSU. The
material terms of the standard form of restricted stock unit
agreement are as follows. Restricted stock units vest over a three
(3) or four (4) year period in equal annual installments commencing
upon the first anniversary of the grant date subject to the
continuous active service of the grantee.  
About JDSU
 JDSU (NASDAQ: JDSU) (TSX: JDU) innovates and collaborates
with customers to build and operate the highest-performing and
highest-value networks in the world. Our diverse technology portfolio
also fights counterfeiting and enables high-powered commercial lasers
for a range of applications. Learn more about JDSU at www.jdsu.com
and follow us on JDSU Perspectives, Twitter, Facebook and YouTube.  
Forward-Looking Statements
 This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These statements include statements or implications
regarding: (i) the ability to expand JDSU's presence in certain
markets (i) potential synergies between JDSU's and Arieso's products
or technologies, (ii) the ability to successfully incorporate Arieso
into JDSU's business, (iii) the ability to expand JDSU's position in
certain markets or applications, and (iv) estimates of market growth.
These forward-looking statements involve risks and uncertainties
that, if realized, could cause actual results to differ materially
from those projected. These risks and uncertainties include, among
other things: (a) our visibility as to future cash flows, future
market growth, bookings growth (including the rate of JDSU's
Communications Test and Measurement segment and Arieso's products
bookings growth for JDSU's fiscal years 2013 and 2014), customer
demand and gross margins is limited; (b) existing and new products
may not perform as expected, may be subject to development and/or
manufacturing difficulties that could delay product deployment or
increase costs, may not be accepted by our customers, and may not
successfully compete with products offered by our competitors, (c) we
may not be able to retain key Arieso employees after the transaction
closes; (d) we may have difficulty integrating the Arieso business
into our Communications Test and Measurement business segment which
could result in interruption of the business operations and
difficulty in realization of the benefits of the acquisition; (e)
anticipated financial and technology synergies in product innovation
and development and services may not materialize; and (f) factors
discussed from time to time in reports filed by JDSU with the
Securities and Exchange Commission. The forward-looking statements
contained in this press release are made as of the date hereof, and
the Company does not assume any obligation to update or qualify any
of the statements made herein. 
Noel Bilodeau 
Cherryl Valenzuela 
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