May 17, 2016

MicroOptical Devices acquired by Emcore 01/01/1998 MicroOptical Devices acquired by Emcore MicroOptical Devices Inc. (Albuquerque, NM), a developer of optical components and subsystems based on VCSEL technology, has been acquired by Emcore Corp. (Somerset, NJ) in a stock purchase valued at approximately $30 million. A significant portion of the purchase price will be taken as a one-time charge by Emcore related to the write-off of in-process R&D costs. The current management team of Thomas M. Brennan and Robert P. Bryan will run MicroOptical Devices as a separate subsidiary. [Native Advertisement] Sponsored Content is made possible by our sponsor; it does not necessarily reflect the views of our editorial staff. More Laser Focus World Archives Issue Articles Get All the Laser Focus World News Delivered to Your Inbox Subscribe to Laser Focus World Magazine or email newsletter today at no cost and receive the latest news and information. Subscribe Now