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Bookham Technology to Acquire New Focus

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OXFORDSHIRE, England & SAN JOSE, Calif., Sept. 22 -- Bookham Technology plc, a provider of optical components, modules and subsystems for fiber optic communication networks, has agreed to acquire New Focus Inc., a provider of photonics and microwave solutions to non-telecom diversified markets, in a deal estimated to be worth approximately $190.5 million. Bookham said it expects to issue approximately 84 million shares, taking into account the exercise of assumed New Focus stock options, to New Focus stockholders as consideration for the proposed acquisition. Immediately prior to the...Read full article

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    Published: September 2003
    Glossary
    microwave
    An electromagnetic wave lying within the region of the frequency spectrum that is between about 1000 MHz (1 GHz) and 100,000 MHz (100 GHz). This is equivalent to the wavelength spectrum that is between one millimeter and one meter, and is also referred to as the infrared and short wave spectrum.
    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...
    Bookham TechnologyCommunicationsdefenseindustrialmicrowaveNew FocusNews & Featuresoptical componentsphotonics

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