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Advanced Photonix Acquires Texas Optoelectronics

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CAMARILLO, Calif., Jan. 20 -- Advanced Photonix Inc. has acquired the outstanding capital stock of Texas Optoelectronics Inc. (TOI) for 1,000,000 shares of API's common stock and retirement of outstanding debt of $1,200,000. Advanced Photonix Inc. is a supplier of silicon-based electro-optical products and design solutions to OEM customers. Its products include a large-area avalanche photodiode, FILTRODE detectors and PIN photodiodes. TOI, based in Garland, Texas, is a privately owned developer and manufacturer of optoelectronic components and assemblies. The company is also a military...Read full article

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    Published: January 2003
    Glossary
    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...
    Advanced PhotonixConsumerdefenseindustrialNews & FeaturesphotonicsSensors & DetectorsTexas Optoelectronics

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