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Article: JDS Uniphase to Acquire Optical MEMS Technology Leader Cronos.
- Article from:
- PR Newswire
- Article date:
- April 4, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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NEPEAN, Ontario and SAN JOSE, Calif., April 4 /PRNewswire/ --
JDS Uniphase Corporation (Nasdaq: JDSU and Toronto: JDU) today announced the signing of a definitive agreement to acquire Cronos Integrated Microsystems, Inc. for $750 million payable in stock. Cronos, based in Research Triangle Park, North Carolina, is a pioneer and leading provider of optical MEMS (micro-electro-mechanical systems) devices to the telecommunications industry.
MEMS technology is expected to play a key role in a wide variety of future generations of optical components. Such components include optical switches, attenuators, gain equalizers, dispersion compensators and ...