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Swapping Resources

Photonics Spectra
Aug 2009
Oclaro Inc. of San Jose and Newport Corp. of Irvine, both in California, have agreed to a strategic asset swap. Newport will receive Oclaro’s New Focus product line in exchange for Newport Spectra-Physics’ high-power laser diode business and $3 million cash.

Businesshigh-power laser diodelight speedOclaro Inc.lasers

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