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Lumentum Completes NeoPhotonics Acquisition: Week in Brief: 08/05/22

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SAN JOSE, Calif., Aug. 5, 2022 — Lumentum Holdings completed its acquisition of NeoPhotonics Corp., less than a week after obtaining receipt of antitrust clearance in China. The companies struck the deal in November 2021.

WENDELSTEIN, Germany — Deutsche Private Equity (DPE) acquired a majority stake in Sill Optics from Pinova, which took over the company from its former owners in 2019. Sill Optics CEO Christoph Sieber, together with CFO Benjamin Sauter, remains a major shareholder under DPE. Sill Optics manufactures optomechanical subsystems, multielement objectives, large-illumination optics, and precision components. 
Sill Optics CEO Christoph Sieber, left, and Benjamin Sauter, CFO. Courtesy of Sill Optics.
Sill Optics CEO Christoph Sieber (left) and CFO Benjamin Sauter. Courtesy of Sill Optics. 
MAINZ, Germany — SCHOTT established SCHOTT Pharma AG & Co. KGaA as a stand-alone company for its pharmaceutical business. The spinout provides opportunities for growth strategies, including a potential IPO, SCHOTT CFO Jens Schulte said.

MOUNTAIN VIEW, Calif. — AvicenaTech Corp. secured $25 million in series A financing from the Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures. AvicenaTech develops microLED-based chip-to-chip interconnects. Its LightBundle technology is based on arrays of GaN micro-emitters that can be integrated into high-performance CMOS integrated chips.

KFAR SAVA, Israel — The MicroLED Industry Association (MIA) concluded its kickoff meeting Aug. 2 and announced its work plan for the coming quarter. The association has accrued more than 15 members since its inception, including Coherent, 3D-Micromac, and Radiant Vision Systems. MIA was established to help accelerate the adoption of microLED display technologies and to promote its member companies and their technologies and products.

SANTA ROSA, Calif. — Test and measurement company Keysight Technologies collaborated with Nokia to demonstrate a public 800GE test, validating the readiness of next-generation fiber optic technology. The readiness testing was conducted at Nokia’s private SReXperts customer event in Madrid in June and included Keysight’s AresONE 800GE Layer 1-3 800GE line rate test platform and the Nokia 7750 Service Routing platform.

Photonics.com
Aug 2022
GLOSSARY
glass
A noncrystalline, inorganic mixture of various metallic oxides fused by heating with glassifiers such as silica, or boric or phosphoric oxides. Common window or bottle glass is a mixture of soda, lime and sand, melted and cast, rolled or blown to shape. Most glasses are transparent in the visible spectrum and up to about 2.5 µm in the infrared, but some are opaque such as natural obsidian; these are, nevertheless, useful as mirror blanks. Traces of some elements such as cobalt, copper and...
display
The observable illustration of an image, scene or data on a screen such as a console or cathode-ray tube, seen as a graph, report or drawing.
BusinessacquisitionslasersopticsglassBiophotonicsLumentumNeoPhotonicsDetsche Private EquitySill OpticsPinovaSCHOTTSCHOTT PharmaAvicenaTechSeries AfinancingmaterialsGaNintegrated photonicsintegrated chipLEDdisplaymicroLEDMicroLED Industry AssociationAmericasEuropeMiddle EastDeutsche Private Equity

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