Oclaro Buys Xtellus
San Jose-based optical components firm Oclaro said Thursday that it has acquired Xtellus, a developer of optical modules. The deal is worth $33M in Oclaro stock. Oclaro said the buy would give it a comprehensive line of wavelength selective switches for the optical networking market. Xtellus was based in Danville, New Jersey, and also had facilities in Israel and South Korea.
posted on Friday, December 18, 2009
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