Thursday, August 18, 2005

JDSU Divests its Passive Microlaser Product Line

JDS Uniphase will sell its passive Q-switched microlaser product line and Grenoble, France, facility to Teem Photonics, which is also located in Grenoble. Additionally, the parties announced that JDS Uniphase will exclusively license to Teem intellectual property, including a number of patents, associated with passive Q-switched microlasers.

Teem Photonics is a privately held company that produces planar splitters used in Fiber-to-the-Premises applications.

JDSU said the microlaser product line is differentiated by its sub-nanosecond pulse widths with peak powers in the tens of kilowatts and repetition rates in the tens of kilohertz, as well as by its reliance on monolithic technology and its distinctive intellectual property.

"This transaction is beneficial to customers, employees, and the two companies," stated Dr. Antoine Kevorkian, CEO of Teem Photonics. "We are located virtually next door to the Grenoble microlaser group of JDS Uniphase. Our track record in selling optical modules that require state-of-the art performance, high reliability and cost-effectiveness will enable us to serve current microlaser customers well and expand this activity. This transaction offers Teem Photonics the ability to leverage our assets, facilities and sales channel to market this product effectively."

Financial details of the transaction, which is expected to close during the current calendar quarter, were not disclosed.

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