Teem Photonics Buys Product Line, Grenoble Facility From JDS Uniphase

SAN JOSE, Calif., and GRENOBLE, France, Aug. 22 -- Teem Photonics S.A. of Grenoble, France, a developer of ion exchange-based integrated optical components and producer of planar splitters used in fiber-to-the-premises applications, and JDS Uniphase Corp., a provider of broadband test and measurement solutions and optical products for communications, commercial and consumer markets, announced their agreement for the sale of JDS Uniphase's passive Q-switched microlaser product line and Grenoble facility to Teem Photonics. Additionally, the parties announced that JDS Uniphase will exclusively license to Teem intellectual property, including a number of patents associated with passive Q-switched microlasers.

The microlaser product line is differentiated by its sub-nanosecond pulse widths with peak powers in the tens of kilowatts and repetition rates in the tens of kilohertz, as well as by its reliance on monolithic technology and intellectual property. Teem Photonics and JDS Uniphase officials said that current customers would be best served by a local owner capable of providing the Grenoble-based group more market focus, greater management attention and improved targeting of investments.

The parties also agreed that JDS Uniphase will continue to supply Teem Photonics with components critical to the manufacture of these differentiated microlasers, ensuring no disruption of customer supply. Financial details of the transaction, which is expected to close during the third quarter, were not disclosed.

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