Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: II-VI sells RF Assets
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Jun 09, 2016 08:41AM

"II-VI Incorporated (the Company) updated its investor presentation in advance of the Citi Technology Conference, where the Company will present on June 9, 2016. Among other items, the presentation notes the sale of certain RF assets not including the wafer fab formerly owned by Anadigics, which the Company acquired in March 2016. These RF assets were sold in June 2016 for $45 million in cash at closing plus a $5 million earn out over 18 months, coupled with various support and multi-year supply agreements with the purchaser. " http://www.sec.gov/Archives/edgar/data/820318/000119312516617317/d374808d8k.htm

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