OCLI merges with OCA

Aug. 1, 1996
Optical Coating Laboratory Inc. (OCLI, Santa Rosa, CA) has entered into a merger agreement with Optical Corp. of America (OCA, Marlborough, MA) whereby OCLI will acquire 100% of the outstanding stock of OCA in exchange for approximately 1.9 million new shares of OCLI common stock. After the merger, described as a Opooling of interests,O OCLI will operate OCA as a wholly owned subsidiary. OCA produces electro-optical components and subsystems; in the most recent fiscal year, ended March 31, 1996,

OCLI merges with OCA

Optical Coating Laboratory Inc. (OCLI, Santa Rosa, CA) has entered into a merger agreement with Optical Corp. of America (OCA, Marlborough, MA) whereby OCLI will acquire 100% of the outstanding stock of OCA in exchange for approximately 1.9 million new shares of OCLI common stock. After the merger, described as a Opooling of interests,O OCLI will operate OCA as a wholly owned subsidiary. OCA produces electro-optical components and subsystems; in the most recent fiscal year, ended March 31, 1996, the privately held company reported unaudited revenues of $28.5 million and a net income of $512,000. For FY1995, OCLI reported net income of $6.9 million on revenues of $169.4 million.

Sponsored Recommendations

SLP feature for lighting control available on cameras offering

Nov. 28, 2023
A proprietary structured light projector (SLP) feature is now available on the company’s camera series, including the ace 2, boost R, ace U, and ace L.

Chroma Customer Spotlight - Dr. David Warshaw, About his Lab

Nov. 27, 2023
David Warshaw, Professor and Chair of Molecular Physiology and Biophysics at the University of Vermont (UVM), walks us through his lab. Learn about his lab’s work with the protein...

Catalog of Filters and Filter Sets

Nov. 27, 2023
This price list provides information about the filter sets Chroma Technology has created for the multitude of fluorochromes that are typically used in epi-fluorescence microscopy...

Handbook of Optical Filters for Fluorescence Microscopy

Nov. 27, 2023
Fluorescence microscopy requires optical filters that have demanding spectral and physical characteristics. These performance requirements can vary greatly depending on the specific...

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!