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Emcore Sells VCSEL Product Line to Sumitomo Electric

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ALBUQUERQUE, N.M., May 9, 2012 — Semiconductor components and subsystems provider Emcore Corp. completed the sale of its vertical-cavity surface-emitting laser (VCSEL)-based product lines to Sumitomo Electric Device Innovations USA Inc. (SEDI), a subsidiary of Sumitomo Electric Industries Ltd. (SEI), it announced Tuesday.

SEI previously agreed to pay $17 million in cash for the fixed assets, inventory and intellectual property of the VCSEL-based product lines within Emcore’s fiber optics business unit, subject to closing adjustments. The product lines include VCSEL and photodiode components, parallel optical transceiver modules and active optical cables.

SEDI provides optical components to the telecom, broadband and data communications markets.

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May 2012
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
AmericasBusinessCommunicationsdata communicationsEmcore Corp.fiber opticsNew Mexicooptical componentsopticsphotonicsSEDISEIsemiconductorsSumitomo Electric Device Innovations USA Inc.Sumitomo Electric Industries Ltd.telecommunicationsVCSELVertical Cavity Surface Emitting Laserslasers

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