Return of the mega billion buyouts

Three months after Juniper bought Netscreen Technologies for $4 billion, Tellabs announced that it is buying Advanced Fiber Communications for $1.9 billion.

Marrying the leader in access with the leader in transport positions us to grow with our customers in the industry’s sweet spot of broadband services,” said Tellabs CEO and president Krish Prabhu in a prepared statement according to reports Light Reading