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Finisar Corporation (NASDAQ: FNSR) is a global technology leader in optical communications, providing components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics and automotive companies.
(NASDAQ: FNSR) in a cash and stock transaction with an equity value of approximately USD 3.2bn.
(NASDAQ: FNSR) and u2t Photonics AG said they have entered into an agreement under which Finisar will acquire 100% of the equity interests in u2t Photonics AG, located in Berlin, Germany for approximately USD20m in cash.
(Nasdaq: FNSR), which plummeted 38.54 percent, after releasing a weak outlook late Tuesday, citing weak Chinese demand.
22 September 2010 - Norwegian optical components group Ignis ASA (OSL: IGNIS) said it decided on Tuesday to sell 5.8 million new shares, priced NOK4.76 apiece to US sector player Finisar Corp (NASDAQ: FNSR), which will raise its stake in Ignis to 11.43%.
The reprieve comes after Google (GOOGL) signaled it would cut access to some of its most-popular features on new Huawei smartphones, and a source says the Commerce Department's move "put a hold on that." Makers of optical components, including Oclaro (OCLR), Acacia Communications (ACIA), NeoPhotonics (NPTN), Lumentum (LITE), and Finisar (FNSR), have previously reacted negatively to headlines regarding U.S.
(NASDAQ: FNSR) has opened its new state-of-the-art production facility in Wuxi, China, located in Jiangsu Province, about one hour from Finisar's Shanghai plant.
At this time, the company does not expect these developments to affect the merits of the merger with Finisar (FNSR), which is still expected to complete mid calendar year 2019.
(NASDAQ: FNSR) and u2t Photonics AG said they have entered into a memorandum of understanding with respect to exclusive access to and joint development of all Indium-Phosphide (InP) based Mach-Zehnder modulator (MZM) technology developed at the Fraunhofer Heinrich-Hertz-Institute (HHI).
Tickers featured: AGR, AMCC, BRCM, CIEN, CSCO, CTV, EXAR, EXFO, FNSR, GLW, ICST, IDTI, INTC, JDSU, LU, MRVL, NT, OPLK, PMCS, SOX, STLW, STM, TUNEE, TXN, VTSS, ZL.
(NASDAQ: FNSR) have agreed to launch a partnership for the development of a new packaging platform for 980nm cooled laser pump modules.
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