Oplink acquires remaining interest in Optical Communication Products

Nov. 2, 2007
November 2, 2007, Fremont, CA--Oplink Communications, provider of photonic components, modules, and subsystems, completed the acquisition of the remaining 42% of outstanding common stock of Optical Communication Products (OCP; Woodland Hills, CA) that it did not already own, by means of a merger between OCP and a wholly-owned subsidiary of Oplink. As a result of the merger, OCP becomes a wholly-owned subsidiary of Oplink.

November 2, 2007, Fremont, CA--Oplink Communications, provider of photonic components, modules, and subsystems, completed the acquisition of the remaining 42% of outstanding common stock of Optical Communication Products (OCP; Woodland Hills, CA) that it did not already own, by means of a merger between OCP and a wholly-owned subsidiary of Oplink. As a result of the merger, OCP becomes a wholly-owned subsidiary of Oplink.

The merger was approved by OCP shareholders holding more than two-thirds of the OCP common stock not held by Oplink. Pursuant to the merger, Oplink will pay $1.65 per share, or approximately $80 million in the aggregate, to former holders of the 42% of OCP common stock not held by Oplink.

"We are pleased that the shareholders approved the acquisition and we can move forward," commented Joe Liu, president and CEO of Oplink. "We look forward to integrating OCP with Oplink and being able to provide our combined customer base a broader product portfolio of offerings," said Liu.

For more information, visit www.oplink.com.

Sponsored Recommendations

Request a quote: Micro 3D Printed Part or microArch micro-precision 3D printers

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

How to Tune Servo Systems: The Basics

April 10, 2024
Learn how to tune a servo system using frequency-based tools to meet system specifications by watching our webinar!

Precision Motion Control for Sample Manipulation in Ultra-High Resolution Tomography

April 10, 2024
Learn the critical items that designers and engineers must consider when attempting to achieve reliable ultra-high resolution tomography results here!

Voice your opinion!

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