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Finisar to Acquire Infineon Unit

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SUNNYVALE, Calif., Jan. 25 -- Finisar Corp. and Infineon Technologies AG, of Munich, Germany, announced Monday that Finisar will acquire certain assets from Infineon's fiber optics business unit, based in Berlin. Under the terms of a definitive agreement, Finisar will issue 34 million shares for the assets associated with the design, development and manufacture of all optical transceiver products. The acquisition implies a valuation of nearly $50 million based on the closing price of January 21. The transaction has been approved by Finisar's Board, does not require shareholder or regulatory...Read full article

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    Published: January 2005
    Glossary
    optical fiber
    Optical fiber is a thin, flexible, transparent strand or filament made of glass or plastic used for transmitting light signals over long distances with minimal loss of signal quality. It serves as a medium for conveying information in the form of light pulses, typically in the realm of telecommunications, networking, and data transmission. The core of an optical fiber is the central region through which light travels. It is surrounded by a cladding layer that has a lower refractive index than...
    fiber opticsfibert-to-the-homeFinisarFTTHindustrialInfineonNews & Featuresoptical fiberparallel optical componentsParoli

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