Article: SDL, Inc. Announces the Agreement to Acquire Photonic Integration Research, Inc. (PIRI), Leader in Planar Waveguide Technology.

SDL Expands Product Portfolio with Entree to the High Growth Passives Market

SAN JOSE, Calif., May 10 /PRNewswire/ --

SDL, Inc. (Nasdaq: SDLI) announced today the signing of a definitive acquisition agreement with the shareholders of Photonic Integration Research, Inc. (PIRI) valued at $1.8 billion. PIRI, a privately held company located in Columbus, Ohio, is a leading manufacturer of arrayed waveguide gratings (AWGs) that enable the routing of individual wavelength channels in fiber optic systems. These products are used in optical multiplexing (mux) and demultiplexing (demux) applications for dense wavelength division multiplexed (DWDM) fiber optic ...

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