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Pirelli merges photonics business with CyOptics (Pirelli si allea con Cyoptics nella fotonica)

advancedimagingpro.com
Jul 28, 2008
        
Story Timeline:  77 days

Il Sole via NewsEdge Corporation Italian industrial group Pirelli has decided to merge its next-generation photonics business with US optical components firm CyOptics. PGT Photonics, which is valued at around $40m, will be integrated into CyOptics, and Pirelli will then invest $20m to acquire a 30 per cent stake in the new grouping, which will have turnover of approximately $80m. The new partners believe their complementary technologies will be the key to a successful alliance, with CyOptics specialising in lasers and indium-phosphorous-based light developers and PGT Photonics in silicon-based photonics technologies. Original article by R. Fi. Abstracted from Il... [read full story]                    

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Pirelli invests in CyOptics

 pennnet.com Jul 28, 2008
First article on this story:

Pirelli invests in CyOptics

 pennnet.com Jul 28, 2008
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Pirelli invests in CyOptics

pennnet.com
Jul 28, 2008
        

JULY 28, 2008 -- The Pirelli Group (search for Pirelli) and CyOptics Inc. (search for CyOptics) have formed a strategic alliance in integrated photonics. The agreement foresees integration between PGT Photonics, the Pirelli...

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