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January 18, 2000 9:00 AM PST

E-Tek jumps on news of $15 billion JDS Uniphase deal

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The fiber-optic equipment company's stock jumps 35 percent after rival JDS Uniphase announces it has agreed to acquire E-Tek to alleviate shortages in capacity and make new products faster.

The story "E-Tek jumps on news of $15 billion JDS Uniphase deal" published January 18, 2000 at 9:00 AM is no longer available on CNET News.

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