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Product category: Optical Transceivers, Transponders and Repeaters
News Release from: Bookham
Edited by the Electronicstalk Editorial Team on 25 September 2003
New Focus for Bookham
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Bookham Technology has signed a definitive agreement to acquire New Focus, a leading provider of photonics and microwave solutions to non-telecomms diversified markets.
Bookham Technology has signed a definitive agreement to acquire New Focus, a leading provider of photonics and microwave solutions to non-telecomms diversified markets Under the proposed transaction, Bookham will issue approximately 84 million new ordinary shares taking into account the assumed exercise of New Focus stock options in a share-for-share transaction which currently values the transaction at approximately GBP 117.6 million ($190.5 million)