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Article: Emcore buys Corona.(Mergers & Acquisitions)(Brief Article)
- Article from:
- Fiber Optics Weekly Update
- Article date:
- October 1, 2004
CopyrightCOPYRIGHT 2004 Information Gatekeepers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Emcore Corp. of Somerset, New Jersey, a provider of semiconductor technologies for global communications, has acquired Corona Optical Systems of Lombard, Illinois, in a cash-for-stock merger.
In the area of parallel optics, Corona will supply its OptoCube ultra-small-form-factor transceiver for use in high-density telecommunications switching boxes. The purchase, for $1.2 million in cash, ...
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