SANTA CLARA, Calif., May 24 -- Intel Corp. said that it had bought a laser technology business from New Focus Inc. for $50 million in cash. Intel said the deal would help it develop cheaper and smaller optical transceivers. As part of the transaction, about 40 employees from New Focus will join Intel. The move is part of a broader strategy at Intel to turn its communications business into a powerhouse resembling its microprocessor business.Read full articleRelated content from Photonics MediaArticlesPhotonics-Based Oscillator Provides Precise Signals on Compact ChipMany technologies — from communications, to radar and sensing, to positioning and navigation — rely on low-noise microwave signals for precise timing and synchronization. Advances in...Photonics.com 3/18/2024Light Trap Provides Near Perfect AbsorptionMaximizing light absorption is essential for photovoltaics and many other photonic applications. 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