Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Finisar Buying New Focus Passive Product Line
Apr 2002
SUNNYVALE , Calif., April 25 -- Finisar Corp. has an agreement to purchase New Focus Inc.'s passive optical component product line from for $12.8 million.

New Focus will receive an initial payment of about $6.75 million, payable in the form of Finisar common stock that will be freely tradable. New Focus will also receive royalty payments that are subject to guaranteed minimum annual payments totaling $6 million during the first three years of the agreement. The royalty payments are based on a percentage of the sales of all products that use the transferred technology.

News & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.