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Oclaro completes sale of Santa Rosa laser-filter group
December 4, 2012SANTA ROSA — San Jose-based Oclaro, Inc. (Nasdaq: OCLR), a developer of fiber-optic communication and laser systems, today said it completed the asset sale of its Santa Rosa thin-film filter business, started as Cierra Photonics, as part of a $27 million cash deal that involved a second product line.
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Santa Rosa telecom group part of $27m sale
November 26, 2012SANTA ROSA — San Jose-based telecom and datacom network products maker Oclaro, Inc., (Nasdaq: OCLR) today said it reached a deal to sell its Santa Rosa-based thin-film filter business, started a dozen years ago as Cierra Photonics, and another product line to Pennsylvania-based optoelectronics manufacturer II-VI, Inc., (Nasdaq: IIVI) for $27 million in cash.
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