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Last €5.03 EUR
Change Today +0.282 / 5.94%
Volume 6.0
As of 6:41 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

viavi solutions inc (UNS1) Snapshot

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52 Week High
03/17/15 - €7.52
52 Week Low
05/27/15 - €0.77
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Current Stock Chart for VIAVI SOLUTIONS INC (UNS1)

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viavi solutions inc (UNS1) Details

Viavi Solutions Inc. engages in the network enablement, service enablement, and communications and commercial optical products businesses. The company’s Network Enablement segment provides an integrated portfolio of testing solutions that access the network to perform build out and maintenance tasks. This segment’s solutions include instruments, software, and services to design, build, turn-up, certify, troubleshoot, and optimize networks. Its Service Enablement segment offers embedded systems and enterprise performance management solutions for global service providers, enterprises, and cloud operators. These solutions primarily consist of instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The company’s Communications and Commercial Optical Products segment provides optical components, modules, subsystems, and solutions for telecom and data communications, network equipment manufacturers, and traditional and cloud/data center service providers. This segment’s transmission products primarily consist of optical transceivers, optical transponders, and their supporting components, such as modulators and source lasers; and transport products comprise modules or sub-systems containing optical amplifiers, reconfigurable optical add/drop multiplexers or wavelength selective switches, optical channel monitors, and their supporting components. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in Milpitas, California.

4,900 Employees
Last Reported Date: 08/25/15
Founded in 1979

viavi solutions inc (UNS1) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: $433.8K
Senior Vice President and General Manager of ...
Total Annual Compensation: $313.8K
Total Annual Compensation: $800.0K
Compensation as of Fiscal Year 2014.

viavi solutions inc (UNS1) Key Developments

Sandell Seeks Strategic Options For Viavi

Sandell Asset Management Corp. sent a letter to the board of directors of Viavi Solutions Inc. (NasdaqGS:VIAV) outlining a number of actions it believes the Viavi must undertake in order to enhance value and reverse the poor governance and performance that has plagued its shareholders. Actions include; Refreshing and materially enhancing the quality of Viavi’s board of directors; Conducting a thorough review of strategic alternatives; Retaining an independent financial advisor and operational consulting firm; And identifying a new management team with the experience necessary to maximize the value of Viavi's deferred tax assets, which include its $4 billion to $4.5 billion of federal net operating losses.

Viavi Solutions Launches Gigastor Software Edition for Virtual And Cloud Environments

Viavi Solutions Inc. announced it is expanding its portfolio of software-defined network test and monitoring solutions with the new GigaStor Software Edition to manage performance and user experience in virtual and cloud environments. The new software configurations, which Viavi is demonstrating at VMworld, allow network and server teams to capture and save 250 GB or 1 TB of continuous traffic to disk for in-depth performance and forensic analysis. Without GigaStor's insight, engineers could spend hours replicating a network error before they can diagnose its cause. GigaStor Software captures packet-data from within the virtual switching infrastructure without needing to push data into the physical environment. It can be deployed in any virtual host for the long-term collection and saving of packet-level data, which it can decode, analyze, and display. Additionally, it provides IT teams with greater accuracy and speed in troubleshooting by having all packets available for immediate analysis. Utilizing the GigaStor Software and appliances, network teams can monitor and analyze all virtual datacenter traffic whether within a VMware ESX host or on 10 and 40 Gigabit Ethernet links. GigaStor Software is available for purchase, and is being demonstrated during VMworld in San Francisco at Viavi Solutions booth #2235.

Viavi Solutions Inc. Announces Executive Changes

On August 11, 2015, Viavi Solutions Inc. announced that Thomas Waechter stepped down as President and Chief Executive Officer of the company and as a member of the company’s Board of Directors, effective August 11, 2015. In connection with Mr. Waechter’s departure, on August 13, 2015, the company entered into a Separation Agreement and General Release (the Waechter Agreement) with Mr. Waechter. Mr. Waechter and the company agreed to an arrangement whereby Mr. Waechter will provide consulting services to the company for a one year period through September 18, 2016, in exchange for an annual fee of $533,000, payable in equal monthly installments with a completion bonus of $267,000 to be paid at the end of the term of the consulting arrangement, subject to certain conditions. The board appointed Richard Belluzzo, the company’s Chairman, as Interim President and Chief Executive Officer, to serve until a successor is identified, effective August 11, 2015.


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