SAN JOSE, Calif., March 21 -- JDS Uniphase Corp. announced today a definitive agreement to acquire Lightwave Electronics Corp. in an all-cash transaction for $65 million. Lightwave, based in Mountain View, makes solid-state lasers for commercial markets -- including materials processing, semiconductor fabrication and biotech. It has about 120 employees. Lightwave's mid- and high-power solid-state lasers operate in a broad range of wavelengths and are typically integrated into larger application-specific solutions by its customers. JDS Uniphase said the acquisition is part of its strategy to...Read full articleRelated content from Photonics MediaArticlesPulsed Lasers Make Headway in Treating Cardiovascular DiseasePatients with heart disease often face a daunting journey from diagnosis to treatment. 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