MACOM Acquires BinOptics for Indium Phosphide Lasers

M/A-COM Technology Solutions Holdings (MACOM) agreed to acquire BinOptics Corporation, a merchant provider of Indium Phosphide lasers, for $230 million in cash.

BinOptics' highly differentiated edge-emitting and surface-emitting Fabry Perot and DFB lasers are used in applications such as data centers, mobile backhaul, silicon photonics and access. The company has developed proprietary Etched Facet Technology (EFT) for lasers that enable compelling wafer-scale economics in both device manufacturing and testing. The company is based in Ithaca, New York.

MACOM is a leading supplier of high performance RF, microwave, and millimeter wave products.

http://www.macom.com/
http://www.binoptics.com/