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II-VI Acquires Aegis Lightwave

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PITTSBURGH, Pa., July 6, 2011 — Engineered materials and optoelectronic components maker II-VI Inc. has acquired privately held Aegis Lightwave Inc. for an initial consideration of $52 million in cash, II-VI announced Tuesday. Aegis, a Woburn, Mass.-based tunable optical device company, was founded in 2000 and has offices in New Jersey and Australia. Also included in the sale is its AOFR subsidiary, a fused fiber components company that also manufactures optical couplers used primarily in telecom markets. Aegis and AOFR had revenues of $26.6 million during the year ended Dec. 31, 2010. “Aegis will further...Read full article

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    Published: July 2011
    acquireacquisitionsAegis LightwaveaerospaceAmericasAOFR PtyAsia-PacificAustraliaBusinessCommunicationscrystalline compoundsdefensefiber opticsFrancis J. Kramerhigh-power electronicsII-VIMassachusettsmilitaryNew Jerseyoptical couplersoptical networksOpticsPennsylvaniaPhotop TechnologiestelecommunicationsthermoelectronicsLasers

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