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II-VI Acquires Pacific

Photonics Spectra
Jul 2007
Through a definitive stock purchase agreement, II-VI Inc. of Saxonburg, Pa., has acquired the equity interests of Pacific Rare Specialty Metals & Chemicals Inc. of Rosario, Philippines, in exchange for cash. The Pennsylvania company will expand its product offering and secure its supply chain for selenium and tellurium, while the acquired company will become an operating unit for government and military business within II-VI. Financial details were not disclosed.


GLOSSARY
tellurium
The material favored for study of interaction of high-acoustic intensities with free carriers. Tellurium is the semiconductor with the largest piezoelectric constants. Tellurium oxide is the material of choice for the storage medium in optical mass data storage systems.
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