Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Lucent Technologies to Purchase Ortel

Facebook Twitter LinkedIn Email Comments
Lucent Technologies of Murray Hill, N.J., has announced plans to acquire Ortel Corp. of Alhambra, Calif., in a deal that has an estimated value of $2.95 billion. Shareholders will receive 3.135 shares of Lucent stock for each share of Ortel. Lucent expects to complete the transaction, which will incorporate Ortel into the optoelectronics component division, during the quarter ending June 30.

The move follows a multimillion-dollar supply agreement under which Lucent was to purchase Ortel's 980-nm pump lasers for metropolitan-area optical networks.

Photonics Spectra
Mar 2000
As We Go To PressBreaking NewsPresstime Bulletin

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
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.