News Article

Oclaro Urges Shareholders To Vote For Opnext Merger

Additional Oclaro votes are needed to close Opnext merger, so voting deadline is extended

US-based Oclaro, manufacturer of laser diodes, is asking its shareholders to approve the proposed merger with fibre optics components manufacturer, Opnext, US, alongside an increase in authorised shares, to deliver sufficient shares to Opnext stockholders.

At their respective meetings, stockholders of Opnext approved the merger of the two companies, this being their final milestone needed to close the merger.

Meanwhile, Oclaro received approximately 46% of the greater than 50% majority vote needed to approve this proposal and close the merger. Of the votes, approximately 89% were in favour of the proposal.

Oclaro stockholders will now adjourn until July 23, 2012, to solicit the additional votes required to complete the merger.

"The Oclaro and Opnext teams have been working diligently and our integration plans are on schedule," said Alain Couder, chairman and CEO, Oclaro. "We are ready to operate as a single company and look forward to taking our place as the number two global provider of optical components, modules and subsystems."

AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.



Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
Live Event