BOULDER, Colo., Jan. 26 -- Ball Aerospace & Technologies Corp. has inked an agreement in which Newport Corp. will market and distribute a number of Ball Aerospace commercial products to the semiconductor equipment market. Under the distribution agreement, Ball Aerospace will continue to design and manufacture its commercial fast-steering mirrors, which will then be distributed using Newport's international sales force and catalog marketing group. This agreement represents an ideal alignment of two companies whose combined expertise in the commercial arena can better serve our similar customer bases in the semiconductor equipment market, said Steve Shimer, manager of business development for Ball Aerospace's Engineering Technology Products business unit. Ball Aerospace & Technologies provides imaging and communications products for commercial and government customers and is a subsidiary of Ball Corp. Newport designs, manufactures and markets high-precision components, instruments and integrated systems to the fiber optic communications, semiconductor equipment, computer peripherals and scientific research markets.FIBERHitachi Selling Fiber Component DivisionTOKYO, Jan. 30 -- Hitachi Ltd. is selling its fiber optic components division to a subsidiary for $291.9 million. The subsidiary, OpNext Japan Inc., will take over the components business at the end of this month. The company also plans to shift ownership of OpNext Japan to OpNext, one of Hitachi's wholly owned US subsidiaries, to target demand for fiber components in the US, which accounts for 60 percent of the global market.