- News
4 September 2018
II-VI completes acquisition of WSS firm CoAdna
© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA has completed its acquisition of CoAdna Holdings Inc of Sunnyvale, CA, USA (announced its on 26 March).
Founded in 2000, CoAdna designs and manufactures highly integrated, intelligent optical components, modules and sub-systems, such as LC (liquid crystal) devices, wavelength-selective switches (WSS) and reconfigurable optical add-drop multiplexers (ROADMs) based on its patented LightFlow liquid-crystal platform.
Specifically, CoAdna produces wavelength-selective switches based on LightFlow and II-VI’s micro-optics. Its WSS modules have a long history of field deployments and, over the years, have been integrated alongside II-VI’s optical amplifiers, optical channel monitors and other components on reconfigurable optical add-drop multiplexer (ROADM) line-cards designed by II-VI, CoAdna and their customers.
CoAdna will be integrated into the II-VI Photonics Segment. Post-closing, II-VI maintains its fiscal first-quarter 2019 financial guidance, as stated in its most recent earnings release on 7 August.
“Together, we will be able to leverage our vertical integration and our combined capabilities to offer differentiated modules, ROADM line-cards and subsystem products in a rapidly evolving market,” says II-VI Inc’s president & CEO Dr Chuck Mattera.
CoAdna’s LightFlow WSS product series complements II-VI’s portfolio of products for optical amplification and monitoring that enables ROADM line cards. CoAdna’s headquarters in Sunnyvale, CA now becomes the II-VI Technology Center Silicon Valley.
II-VI is showcasing its portfolio of optical communications products in booth #1B51 at 20th China International Optoelectronic Exposition (CIOE 2018) in Shenzhen, China (5-8 September) and in booth #323 at the 44th European Conference on Optical Communications (ECOC 2018) in Rome, Italy (24-26 September).
II-VI to acquire CoAdna for $85m
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