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PerkinElmer Buys Stake in Bragg Photonics

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BOSTON, Jan. 17 -- PerkinElmer Inc. has taken a 13-percent equity stake with options to increase ownership in Bragg Photonics Inc., a Montreal-based producer of fiber optic components utilizing fiber-grating technology. Telecommunications is a high priority growth area for us, said Gregory L. Summe, PerkinElmer's chairman and CEO. This is a strategic investment for PerkinElmer, and expands our position as a world-class provider of component products and solutions for the telecommunications industry by capitalizing on our expertise in optical semiconductors, optoelectronic packaging, and...Read full article

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    Published: January 2000
    CommunicationsindustrialNews & Features

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