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Brian Protiva, CEO, ADVA: How We Can Capitalize On MRV Deal

Light Reading -

With the planned acquisition of fellow metro optical and carrier Ethernet vendor MRV, ADVA's CEO Brian Protiva believes he is doing the market, as well as his company, a good turn. (See ADVA Swoops for MRV in 'Strategic' $69M Bid.)

"Consolidation is needed in this industry," Protiva tells Light Reading following the announcement of the planned $69 million acquisition, which he believes can be completed quickly and deliver near-term business gains for ADVA Optical Networking (Frankfurt: ADV) . "One of the weaknesses of the optical systems sector is the low margins and there are just too many players … we expect others to participate in optical sector consolidation and make the market healthier," he adds.

Read the source article at Light Reading