SAN JOSE, Calif., March 3 -- NeoPhotonics Corp., a developer of nanomaterials-based photonics technologies and products, announced today it has purchased Lightwave Microsystems Corp., of San Jose, maker of integrated circuits for advanced optical communication systems. NeoPhotonics, based in Silicon Valley, did not release financial details of the purchase, but said all actions in merging the operations of the two privately held companies are complete. NeoPhotonics said it also acquired all Lightwave intellectual property in the transaction. Many of Lightwave's employees have joined...Read full articleRelated content from Photonics MediaArticlesBeam Profiling Evolves to Keep Lasers in Line with New ApplicationsLasers provide many different industries with greater efficiency, less waste, and higher precision, but they are not always as easy to fix as the machines they replace. 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