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MEMSCAP To Acquire Cronos Unit From JDS Uniphase

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GRENOBLE, France, & SAN JOSE, Calif., August 2 -- MEMSCAP, provider of microelectromechanical systems (MEMS) solutions, announced it has entered an agreement to acquire substantially all of the business and assets of JDS Uniphase's Cronos MEMS business unit. As JDS Uniphase's exclusive supplier of MEMS-based products, MEMSCAP will provide ongoing access to MEMS technology as well as a secure source for the continued availability of MEMS optical products. As part of the agreement, JDS Uniphase has provided MEMSCAP with initial purchase commitments for products and services. MEMSCAP said it...Read full article

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    Published: August 2002
    industrialNews & Features

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