Intel sells optical platform division
Emcore has signed a definitive agreement with Intel to acquire the enterprise and storage assets of Intel's Optical Platform Division, as well as the Intel Connects Cables business.
According to Emcore, the move will further enhance its presence in the optical communications market segments, especially in the areas of 10Gbit Ethernet and storage area network transceivers. The deal will also allow EMCORE to provide a more complete product offering to a broader range of customers.
