SANTA CLARA, Calif., May 24 -- Intel Corp. said that it had bought a laser technology business from New Focus Inc. for $50 million in cash. Intel said the deal would help it develop cheaper and smaller optical transceivers. As part of the transaction, about 40 employees from New Focus will join Intel. The move is part of a broader strategy at Intel to turn its communications business into a powerhouse resembling its microprocessor business.Read full articleRelated content from Photonics MediaArticlesTerahertz Generation Method Targets Ultrafast ElectronicsTerahertz (THz) waves can be used to probe the magnetic properties of new materials. Efficient THz wave generation could advance applications in energy harvesting, ultrafast electronics, and THz...Photonics Spectra December 2023 Issue16th Biannual Optatec Conference Continues in FrankfurtOptatec, the international trade fair for optical technologies, components, and systems, returns to Messe Frankfurt May 14-16. 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