SAN JOSE, Calif., March 21 -- JDS Uniphase Corp. announced today a definitive agreement to acquire Lightwave Electronics Corp. in an all-cash transaction for $65 million. Lightwave, based in Mountain View, makes solid-state lasers for commercial markets -- including materials processing, semiconductor fabrication and biotech. It has about 120 employees. Lightwave's mid- and high-power solid-state lasers operate in a broad range of wavelengths and are typically integrated into larger application-specific solutions by its customers. JDS Uniphase said the acquisition is part of its strategy to...Read full articleRelated content from Photonics MediaArticlesFiber Oscillator Extends Femtosecond Lasing to VIS-Based ApplicationsFemtosecond (fs) fiber oscillators are a standard technology used to generate fs laser pulses. They offer a compact design, outstanding performance, and are cost-effective to use. 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