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LightPath to Acquire Geltech

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ALBUQUERQUE, N.M., Aug. 15 -- LightPath Technologies Inc. reported that it will attain all outstanding shares of Geltech Inc. for about .8 million shares of LightPath common stock, a value of about $27 million. Geltech is a privately held company in Orlando, Fla., and manufactures precision molded aspherical optics used to couple laser diodes to fibers or waveguides. Geltech also has an exclusive line of all-glass diffraction gratings for telecom applications such as optical switching, mux/demux and laser tuning as well as a product family of Sol-Gel based waveguides. The exact number of...Read full article

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    Published: August 2000
    CommunicationsNews & Features

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