FREMONT, Calif., April 27 -- Avanex Corp. announced this week it is restructuring its operations in France, opening an operations center in Thailand and making several changes to its executive team. Avanex, based in Fremont, Calif., makes miniature photonic components designed to increase the speed and capacity of fiber optic communications networks, in part by compensating for signal degradation during transmission. It has facilities in Erwin Park, N.Y.; Nozay, France; and San Donato, Italy; The restructuring of the French operations will reportedly involve cutting its work force by 60...Read full articleRelated content from Photonics MediaArticlesiiM GmbH Joins Exaktera Family of Vision CompaniesVia its holding company Exaktera, private equity investment firm Union Park Capital has acquired iiM GmbH, a manufacturer of LEDs for machine vision applications. 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