2014-08-06

USHIO Acquires Oclaro Japan’s Industrial and Consumer Semiconductor Laser Diode and LED Business

USHIO (TOKYO:6925) (President and CEO: Shiro Sugata), announced that its wholly owned subsidiary USHIO OPTO SEMICONDUCTORS, INC., headquartered in Tokyo, has signed a demerger agreement with Oclaro Japan (President: Tadayuki Kanno), a wholly owned subsidiary of Oclaro (CEO: Greg Dougherty). Through this agreement, USHIO OPTO SEMICONDUCTORS will acquire the LED, red, violet and part of the infrared laser diode business from Oclaro Japan. The acquired activity is primarily located in Komoro, Japan and includes approximately 80 employees.
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