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  • Emcore Buys Opticomm
Apr 2007
SOMERSET, N.J., April 16, 2007 -- Emcore Corp., a provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and solar power markets, today announced that it has acquired privately-held Opticomm Corp. for $4 million plus an earn-out payment.

The stock purchase transaction closed on Friday; Emcore paid $4 million for San Diego-based Opticomm, a maker of advanced optical communications systems. Emcore will make an additional earn-out payment, the terms of which were not disclosed, based on Opticomm's 2007 revenues, which are expected to total approximately $7 million. In 2006, Opticomm generated revenues of $6.3 million.

"This represents a tremendous opportunity to increase Emcore's presence in the rapidly expanding video transport market," said Chris Larocca, vice president and general manager of Emcore's Ortel div. "This transaction enables Emcore to integrate the complementary technologies added from the recent acquisition of Force Inc. into a single, high-density and modular platform."

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Indicating a capability to deal with a relatively wide spectral bandwidth.
optical communications
The transmission and reception of information by optical devices and sensors.
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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