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Oclaro Inc.

Optoelectronic components maker Oclaro Inc. is selling its Santa Rosa, Calif.-based thin-film filter business to Saxonburg, Pa.-based II-VI Inc. subsidiary Photop Technologies. Under the $27 million cash deal, Oclaro also will sell its interleaver product line to Photop Koncent Inc., another II-VI subsidiary. The transactions were expected to close in December 2012.

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