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  • Zygo Plans to Acquire Firefly

Photonics Spectra
May 2000
Zygo Corp. of Middlefield, Conn., has announced plans to acquire Firefly Technologies Inc. of Holliston, Mass. The transaction, which is valued at approximately $100 million in Zygo common stock, would make Firefly a wholly owned subsidiary of Zygo and create a division to be named Zygo TeraOptix.

Firefly manufactures metrology systems, heads and related components for the optical storage industry, as well as micro-optics, switches and filters for use in wavelength division multiplexing applications in telecommunications. Zygo designs and markets measurement and yield-improvement instrumentation, optical components and assemblies, and automation systems.

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