Intel Sells Optical Assets
SANTA CLARA, Calif. and ALBUQUERQUE, N.M., April 10, 2008 -- Emcore Corp., a maker of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets, announced it will acquire the enterprise and storage assets of Intel’s optical platform division and its Connects Cables business, for 3.7 million shares of stock. The assets include intellectual property, inventory, fixed assets and technology relating to optical transceivers for enterprise and storage customers and optical cable...