Agilent sells its network solutions business to JDSU which will pay $165 million in cash. The transaction is expected to be final in the June calendar quarter 2010. The network solutions business includes Agilent’s network assurance solutions, network protocol test and drive test products. The business had annual revenue of $162 million in its fiscal year ending Oct. 31, 2009. 

JDSU is a provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers with corporate headquarter in Milpitas, CA. For the full fiscal year 2009, net revenue of JDSU was $1,294.4 million. The net loss for the year was $866.4 million.