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).
