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Subsidiary Acquisition

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Optical and optoelectronic components manufacturer 3S Photonics of Nozay, France, has entered into a share purchase agreement to acquire Avensys Group subsidiaries Avensys Inc. and ITF Laboratories Inc. for a total of €6.5 million. The holding company, Avensys Corp., owns Avensys Inc. and holds a 42% interest in ITF Laboratories, whose majority shareholder is the Canadian state. The assets of Avensys’ two divisions, Avensys Technologies and Avensys Solutions, as well as those of ITF Laboratories, have merged with those of 3S Photonics.
Meadowlark Optics - Wave Plates 6/24 MR 2024

Published: February 2010
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: ...
3S PhotonicsacquisitionsAmericasAssetsAvensys GroupAvensys Inc.Avensys SolutionsAvensys TechnologiesBusinessCanadaClient PortfolioDivisionsEuropeFranceHolding CompanyITF Laboratorieslight speedOpticsoptoelectronicsOptoelectronics Components ManufacturerpurchasePurchase AgreementShareholder

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