Coherent Buys Out Iolon
Nov 4, 2005 — SANTA CLARA, Calif., Nov. 4 -- Optics and laser systems manufacturer Coherent Inc. is buying out privately held optical networking component company Iolon Inc. of San Jose, Calif., for $5 million in cash. Prior to the sale of all its assets, Iolon designed and manufactured optical components, including widely tunable lasers for fiber optic networks and filters. Coherent says it intends to use the acquired technology in its core portfolio, especially for products in the instrumentation and...