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Scion Photonics Acquires Optical Systems Corp.

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FREMONT, Calif., Jan. 12 -- Read-Rite Corp. said that their optical component subsidiary, Scion Photonics Inc., has acquired Optical Systems Corp. (OSC) for an undisclosed sum. OSC, based in Valencia, Calif., is a maker of precision automated tooling for the fiber optics component manufacturing industry. All OSC employees will be joining Scion and will continue to work out of the Valencia, Calif. facility. This acquisition clearly accelerates Scion's roadmap for the delivery of quality optical products in high volume to our customers, said Venkatesan Murali, Scion's COO. In addition, it...Read full article

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    Published: January 2001
    industrialNews & Features

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