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Masimo Buys LED Maker Spire

Photonics.com
Mar 2012
IRVINE, Calif., March 16, 2012 — Masimo Corp. announced it acquired all the assets of LED maker Spire Semiconductor LLC of Hudson, N.H. Terms of the agreement were not disclosed.

Masimo Semiconductor Inc., a newly formed, wholly owned subsidiary of Masimo Corp., will operate the business going forward. The transaction will give Masimo the ability to develop custom components, accelerate development cycles and optimize future product costs.

Masimo Semiconductor provides wafer epitaxy, foundry services and device fabrication for consumer products and biomedical and telecommunications markets.

For more information, visit: www.spirecorp.com  


GLOSSARY
photonics
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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