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Uniphase Adds Philips Optoelectronics

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Michael D. Wheeler

Hardly a month after opening a $20 million semiconductor laser fabrication plant in Zurich, Switzerland, Uniphase Corp. has struck again. This time, the laser manufacturer-turned-telecom company has snapped up Philips Optoelectronics B.V. as its latest addition in a two-year international buying spree. Uniphase will acquire the entire Philips unit, based in Eindhoven, the Netherlands, including its 300 employees and 60,000-sq-ft semiconductor fabrication facility now under construction. In addition, the company will receive about 70 US and European patents. The deal, expected to close this...Read full article

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    Published: June 1998
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