JDSU buys Agilent group, keeps workers in Loveland

Loveland has a new high-tech employer thanks to the divesture of one of Agilent Technologies’ legacy groups.

JDS Uniphase Corp. closed on the purchase of Agilent’s Network Services Division in May. Under the terms of the deal announced in February, JDSU paid $165 million for the division including 700 employees, with 55 located in Loveland and 105 in Colorado Springs.

All Agilent employees involved in the group were retained by JDSU, according to company spokesman Jim Monroe. He explained that there were no material redundancies between Agilent’s network services division and the group at JDSU that is absorbing…