Telecom Lead America: Oclaro, a tier-one provider of optical communications and laser solutions, and Opnext,
a manufacturer of optical modules, components and subsystems, have completed
their merger with shareholder approval.
The company emerged from the merger will continue to operate
under the Oclaro name. Oclaro has also unveiled a new logo and brand identity
to represent the creation of a new leader in the optical industry.
product lines in the industry. Our vision is that the power and speed of light
will change the way we live and work. Through this merger, we have assembled
the optical technologies, products and expertise at the heart of this new world
of innovation,” said Alain Couder, chairman and CEO, Oclaro.
With the merger with Opnext, Oclaro has become the second
largest provider of optical components, modules and subsystems to the optical
communications, industrial and consumer laser markets.
The company had approximately $833 million in combined
revenues for the fiscal year ended July 2, 2011, and approximately 3,200
employees worldwide.
Alain Couder was named chairman and CEO of the combined
company, with Opnext Chairman and CEO Harry Bosco joining the board of
directors.
The company has been associated with leading optical
technology companies such as Hitachi, Nortel, Alcatel, Marconi, Corning,
Opnext, Bookham and Avanex.
Oclaro unveils industry-first 1×23 wavelength selective switch
(WSS)
1×23 wavelength selective switch (WSS).
The switch features switching times of 200ms – an order of
magnitude faster than competing solutions.
