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Acal Acquiring BFi Optilas

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WOKINGHAM, England, Oct. 30, 2009 – Electronic components manufacturer Acal has agreed to acquire France-based electronic and photonic components distributor BFi Optilas in a cash-and-stock deal. Under the deal approved by its board, Acal will pay BFi’s owners €10 million ($14.7 million) in cash and issue 2 million shares of stock to acquire the business, a privately owned company founded in 1955. From its headquarters outside Paris, BFi Optilas distributes electronic and photonic components, modules and systems across Europe. It made €105 million ($155 million) in revenue for the year to June 2009, compared with €128...Read full article

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    Published: October 2009
    Glossary
    photonics
    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...
    AcalacquireBFi OPTiLASBiophotonicsBusinesscashelectronicEmploymentEnglandFrancemedicalNews & Featuresphotonic componentsphotonicsspecializationstocksynergies

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