Re: II-VI sells RF Assets

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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disco68

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Re: II-VI sells RF Assets

in response to

Re: II-VI sells RF Assets

ahasja

posted on Jun 09, 2016 09:40AM

in addition, here is some interesting information revealed as well.

In the Last Four Months… II-VI acquired Epiworks, Inc. (Champaign IL) and ANADIGICS, Inc. (Warren, NJ) for $127M with earn out Acquired 6” scalable semiconductor fab laser capacity and ability to advance an optoelectronics platform Completed sale of certain Anadigics RF assets - $50M cash (incl $5M earn out) plus multi-year supply agreement Significant volume expected in 2H Calendar 2017 Expected dilution for investments - about five quarters due to required qualifications * Source: Markets and Markets. $2B* II-VI is rapidly ramping its capacity and capability to serve the growing OptoElectronics market Major Driver: VCSEL TAM growth from $0.8B in 2015 to $2B by 2020*