M/A-COM (Lowell, MA; Nasdaq:MTSI), also known as MACOM, has acquired indium phosphide (InP) laser-diode maker BinOptics (Ithaca, NY) for $230 million in cash. MACOM makes radio-frequency (RF), microwave, and millimeter-wave products.
BinOptics' edge-emitting and surface-emitting Fabry-Perot and distributed-feedback (DFB) lasers are used in datacenters, in silicon photonics devices, and for general telecommunications and data communications.
BinOptics' proprietary etched-facet technology (EFT), co-invented by the company's founder, Alex Behfar, replaces the conventional laser-diode facet-cleaving process with a photolithographic etching step that is less tricky and more consistent than cleaving, and allows wafer-scale techniques to be used for both device manufacturing and testing.
"We believe BinOptics’ wafer-scale model for indium phosphide lasers will play perfectly to our strength in compound semiconductor manufacturing, allowing us to quickly address what is currently a supply-constrained part of the optical component industry," says John Croteau, president and CEO of MACOM.
More info on the transaction is available at: http://ir.macom.com/.
