10 May 2012

Emcore completes sale of VCSEL-based product lines to Sumitomo Electric

Emcore Corp of Albuquerque, NM, USA, which makes components and subsystems for the fiber-optic and solar power markets, has completed the sale of its vertical-cavity surface-emitting laser (VCSEL)-based product lines to optical and wireless communications product maker Sumitomo Electric Device Innovations USA Inc of San Jose, CA (SEDU, a subsidiary of Japan’s Sumitomo Electric Industries Ltd, or SEI).

SEDU supplies optical components to the telecom, broadband and data communications markets, including transceivers, transmitters, receivers, lasers, and photodiodes for 10Gb/s up to 100Gb/s applications. It also provides a range of gallium arsenide (GaAs) and gallium nitride (GaN) drivers and amplifiers for high-power RF wireless solutions.

SEI agreed to pay $17m in cash (subject to closing adjustments) for the fixed assets, inventory and intellectual property of the VCSEL-based product lines within Emcore’s fiber-optics business unit. The product lines include VCSEL and photodiode components, parallel optical transceiver modules, and active optical cables (AOCs).

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Emcore sells VCSEL-based product lines to Sumitomo Electric for $17m

Tags: Emcore VCSEL Sumitomo Electric

Visit: www.emcore.com

Visit: www.sei-device.com