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Opto Diode Corp. - Opto Diode 10-24 LB

Jenoptik Buys Diode Maker

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JENA, Germany, Jan. 9, 2008 -- The Jenoptik Group announced this week it has strengthened its Optical Systems business by acquiring Epigap Optoelektronik GmbH.

Jenoptik, which has its headquarters in Jena, said it bought Epigap on Dec. 31; terms of the deal were not disclosed. The Berlin-based company manufactures photodiodes, LED chips and components and optoelectronic modules and elements of sensor systems. Epigap's diodes are primarily used in the automotive, medical, defense and security, and lighting industries. It has approximately 50 employees.

Jenoptik said it will incorporate Epigap's expertise in optics and semiconductors to create custom-designed sensors and optoelectronic modules for a wide range of applications. The company said it is primarily focusing on capturing market share in medical technology, particularly for home diagnostics, as well as in minimally invasive surgery, lighting applications, and machine construction and automation.

Epigap will become part of Jenoptik's Optical Systems division, which also includes Jenoptik Laser, Optik, Systeme, Jenoptik Polymer Systems and Sinar in Europe as well as the US-based companies Coastal Optical Systems, Liebmann Optical Comp., and MEMS Optical. The division has production facilities in Germany at Jena, Triptis and Giessen, as well as in Switzerland and the US.

Jenoptik said the acquisition is particularly complementary to Jenoptik Polymer Systems, which is based in Triptis and provides polymer optics and optoelectronic systems to manufacturers in the medical, sensor systems, automotive and lighting industries. The company said the LED and photodiode chips manufactured there using Epigap products and technology will be processed into optical systems and marketed worldwide.

For more information, visit: www.jenoptik.com
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Published: January 2008
Glossary
chip
1. A localized fracture at the end of a cleaved optical fiber or on a glass surface. 2. An integrated circuit.
nano
An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
optical
Pertaining to optics and the phenomena of light.
optoelectronic
Pertaining to a device that responds to optical power, emits or modifies optical radiation, or utilizes optical radiation for its internal operation. Any device that functions as an electrical-to-optical or optical-to-electrical transducer. Electro-optic often is used erroneously as a synonym.
photodiode
A two-electrode, radiation-sensitive junction formed in a semiconductor material in which the reverse current varies with illumination. Photodiodes are used for the detection of optical power and for the conversion of optical power to electrical power. See avalanche photodiode; PIN photodiode. photodiode suppliers →
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
sensor
1. A generic term for detector. 2. A complete optical/mechanical/electronic system that contains some form of radiation detector.
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