In brief: Finisar, Mykrolis, Eudyna, Bookham
Finisar sees revenue up 58%
Sunnyvale-based fiber-optic subsystem vendor Finisar made sales of $73.1 million in the quarter ended 31 January 2005 "“ a record high for the firm.
The figure represents a 3% sequential rise and is 58% higher than the $46.4 million posted last year. Revenue should continue an upward trend in the next quarter following Finisar's recent acquisition of part of Infineon's fiber-optic business unit.
"We believe that the recent acquisition of Infineon's transceiver product lines and their transfer to our manufacturing operations in Malaysia will be an important step [as we strive to return to profitability]," said Finisar CEO Jerry Rawls.
Despite the increased revenue, Finisar still reported a hefty net loss of $33 million.
However, that loss figure included several one-time items. Excluding these charges, the loss was only $7.9 million.
Mykrolis buys contamination firm
Semiconductor manufacturing equipment supplier Mykrolis has acquired Extraction Systems for $25 million in cash.
Extraction Systems, which is based in Franklin, MA, sells products that are used to measure and remove airborne molecular contaminants in the semiconductor manufacturing process.
Mykrolis says that the acquisition makes it the largest provider of gas microcontamination control products in the industry.
Eudyna to launch GaN devices this year
Eudyna Devices, the Japanese company formed a year ago by the merger of Fujitsu Quantum Devices and the Electronic Devices Group of Sumitomo Electric Industries, says that it will launch GaN-based microwave devices this year.
Fujitsu Laboratories, the research wing of Eudyna s parent company, has made recent progress in the development of GaN-based HEMTs by using a layer of AlN on top of a SiC substrate (see related story).
Bookham licenses original technology
Bookham has licensed a portfolio of silicon photonics patents to US company Kotura on a non-exclusive basis.
While Bookham was initially founded on the back of this technology, it has since stopped selling and developing silicon photonics to focus on InP chipmaking and the manufacture of subsystems for optical communications.
Kotura, which was founded in 2003 through the merger of Arroyo Optics and LightCross, already owns a number of similar patents.
