Jozef Straus, who became a poster boy during the telecom boom for the rise (and fall) of JDS Uniphase, has popped back into the telecom spotlight as a strategic advisor to Enablence Technologies Inc. The beret-wearing Straus has kept a low profile since he retired in 2003 with US$150-million - most of it through exercising options when JDS was riding high. Meanwhile, JDS has gone through some tough times: the stock crumbled, sales tumbled and the fiber-optic company's operations in Ottawa shrank from more than 10,000 workers to a few hundred. Enablence is a start-up developing a chip that will reside inside an optical modem to provide high-speed connectivity of 1.2Gbps to households. My story on Straus and Enablence in today's Financial Post can be found here.
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JDS' Jozef Straus Back on the Scene
by
Mark Evans
on Thu 10 Aug 2006 07:12 AM EDT | Permanent Link
Jozef Straus, who became a poster boy during the telecom boom for the rise (and fall) of JDS Uniphase, has popped back into the telecom spotlight as a strategic advisor to Enablence Technologies Inc. The beret-wearing Straus has kept a low profile since he retired in 2003 with US$150-million - most of it through exercising options when JDS was riding high. Meanwhile, JDS has gone through some tough times: the stock crumbled, sales tumbled and the fiber-optic company's operations in Ottawa shrank from more than 10,000 workers to a few hundred. Enablence is a start-up developing a chip that will reside inside an optical modem to provide high-speed connectivity of 1.2Gbps to households. My story on Straus and Enablence in today's Financial Post can be found here.
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