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Digital Optics Completes Round of Funding

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CHARLOTTE, N.C., Aug. 11 -- Digital Optics Corp.'s most recent round of funding netted $35 million, with J.&W. Seligman & Co. making the biggest contribution, Digital Optics said. Digital Optics manufactures PHOTONIC CHIPS, which are wafer-based passive and active integrated optical sub assemblies. With the completion of this round of financing, we are able to pursue more aggressively the expansion of our manufacturing operations and our research and development opportunities, said Ed Goode, Digital Optics CFO. Also, with this round we continue to expand our base of value added...Read full article

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    Published: August 2000
    industrialNews & Features

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