11:51 AM EST - EXFO Electro-Optical Engineering Inc. : announced the acquisition of PicoSolve, Inc., a private test and measurement company offering optical sampling oscilloscopes for 40G and 100G R&D, manufacturing and deployment applications. PicoSolve provides ultra-high-speed optical sampling oscilloscopes to network equipment manufacturers, or NEMs, involved in the design and production of next-generation optical networks. Network service providers will also require such high-end test equipment for their deployment initiatives. EXFO Electro-Optical Engineering Inc.
shares T.EXF are trading down $0.15 at $4.80.
