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W.P. Carey Acquires Finisar, FSI Facilities

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NEW YORK, Feb. 15 -- Investment firm W.P. Carey & Co. LL has acquired a corporate office of Sunnyvale, Calif.-based Finisar Corp., a developer of gigabit fiber optic technology for high-speed data networks, and a research and development/office facility located in Allen, Texas, from FSI International Inc., a manufacturer of capital equipment for the microelectronics industry. The total acquisition price of the two facilities was $29.1 million. Finisar announced it will move its Advanced Optical Components Division into the Allen, Texas, facility once it completes necessary upgrades, including...Read full article

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    Published: February 2005
    Communicationsfiber opticsFinisarFSI Internationalgigabit fiber opticNews & FeaturesW.P. Carey

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