Bookham, Avanex Merge
In California, Bookham Inc. of San Jose, a telecommunications optical infrastructure solutions manufacturer, and Avanex Corp. of Fremont, a global provider of intelligent photonic solutions, have reached a definitive agreement to merge in an all-stock transaction. Under terms of the agreement, the latter company’s shareholders will receive 5.426 shares of the former company’s common stock for every share of its current common stock, and shareholders will own approximately 46.75 percent of the combined company. The merger will be led by Alain Couder as president and CEO and is expected to have two telecom divisions and one nontelecom division.
LATEST NEWS
- CLEO Heads to the East Coast
Apr 29, 2024
- Laser-Based Gas Analyzer Developed to Detect Air Pollution
Apr 29, 2024
- Qubits Could be Stored in Flash-Like Memory
Apr 29, 2024
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024