Search
Menu
PI Physik Instrumente - Fast Steering LB LW 11/24

Corning, Oak Industries to Merge

Facebook X LinkedIn Email
CORNING, N.Y., Nov. 16 -- Corning Inc. and Oak Industries Inc. have signed a definitive merger agreement, which has been approved unanimously by the boards of both companies. The agreement calls for Corning to exchange .83 shares of its common stock for each share of Oak Industries common stock. Corning said the merger with Oak Industries would extend Corning's product portfolio into new market segments. Corning pointed specifically to Oak Industries' Lasertron Inc. subsidiary, a developer of active fiber-optic devices for telecommunications, which Corning expects to enhance its photonic...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: November 1999
    CommunicationsNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.