Market Overview

NeoPhotonics Completes Acquisition of LAPIS Semiconductor Optical Business Unit

NeoPhotonics Corporation (NYSE: NPTN) announced Friday, that it has completed the acquisition of the
semiconductor optical components business unit (OCU) of LAPIS
Semiconductor Co., Ltd., a leading designer and manufacturer of high
speed lasers, laser drivers, photodiodes and amplifiers for high speed
networks. OCU was previously the component division of OKI Electric for
high speed lasers and high speed III-V amplifiers before it was acquired
by ROHM Semiconductor in 2008. As of the closing, the OCU business was
merged into and now operates as NeoPhotonics Semiconductor GK, a
Japanese subsidiary of NeoPhotonics.

See full press release

Posted-In: News Guidance Contracts Asset Sales M&A Global

 

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