8 August 2014—Light source manufacturer Ushio (Tokyo) announced this week plans to acquire the light-emitting diode (LED), red, violet and part of the infrared laser diode operations of Oclaro Japan, mostly located in Komoro, Japan. The demerger agreement allows Ushio’s wholly owned subsidiary, Ushio Opto Semiconductors, to expand its solid-state lighting business. Ushio Opto Semiconductors will take over the development, manufacture and sales functions of semiconductor lasers and LEDs from Oclaro Japan. The transaction is expected to occur in the fourth quarter of 2014. The amount of the deal was not disclosed.
Said Oclaro Japan’s president, Tadayuki Kanno, “It was critical for Oclaro Japan to find a respected partner that would provide new opportunities to our Komoro employees and continued support and innovation to our customers.”
In November 2013, Oclaro Inc. (headquartered in San Jose, Calif., U.S.A.) sold its micro-optics and amplifier businesses to optoelectronics components manufacturer II-VI Inc. (Saxonburg, Penn., U.S.A.) for $88.6 million. Described as a provider of optical communications solutions, Oclaro makes optical components, modules and subsystems for the core optical, enterprise and data center markets.