NeoPhotonics to Acquire Santur Corp. - Important Development in the Advancement of 100G Networks
NeoPhotonics Announces Definitive Agreement to Acquire Santur Corporation
Move Gives NeoPhotonics a Broad Suite of PIC Products for High Speed
40G and 100G Coherent Transport and 100G Client Interconnection
San Jose, CA – September 29, 2011 – NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high speed communications networks, and Santur Corporation, a leading designer and manufacturer of Indium Phosphide (InP) based PIC products, today jointly announced that they have entered into a definitive agreement under which NeoPhotonics will acquire privately held Santur Corporation. Santur is a world leader in high-performance tunable laser arrays for metro and long-haul DWDM systems and a leading developer of PIC-based products for 40Gbps and 100Gbps client side and coherent line side applications.
NeoPhotonics has agreed to pay an estimated $39.2 million in cash for Santur, after more







