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TriQuint Acquires Agere Optoelectronics Business

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HILLSBORO, Ore., Jan. 3 -- TriQuint Semiconductor Inc. announced it completed the acquisition of a substantial portion of the Agere Systems optoelectronics business for $40 million in cash. The transaction includes the products, technology and some facilities related to Agere's optoelectronics business, which includes active and passive components, amplifiers, transceivers, transponders and MEMS. The transaction does not include Agere's business providing optoelectronics components for CATV systems based in California. As part of the transaction, approximately 340 Agere employees will join...Read full article

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    Published: January 2003
    Glossary
    optoelectronics
    Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
    acquisitionsAgere SystemsindustrialNews & Featuresoptoelectronicssubstantial portionTriQuint Semiconductor

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