Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

SDL Finalizes Acquisition of Photonic Integration Research

Photonics.com
Jun 2000
SAN JOSE, Calif., June 7 -- SDL Inc. has completed its acquisition of Photonic Integration Research Inc. (PIRI). Adhering to the May 10, 2000 agreement, SDL issued 8,461,663 shares of its stock and transferred $31.7 million in cash in exchange for 100 percent of PIRI stock. Based on SDL's June 2, 2000 closing stock price, the total consideration is valued at about $2.2 billion.
Located in Columbus, Ohio, PIRI manufactures arrayed waveguide gratings that allow for individual wavelength channels to be routed in fiber optic systems. This technology is used in optical multiplexing and demultiplexing applications for dense wavelength division multiplexing (DWDM) fiber-optic systems.
From the acquisition of PIRI, SDL gets a critical silicon wafer-based optical integration technology that is expected to improve performance and lower costs in next generation DWDM systems. SDL -- traditionally a producer of active components in fiber optic systems -- hopes the acquisition of PIRI will enable them to thrive in the production of advanced passive components as well.


Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.