Oclaro
| Type | Public (NASDAQ: OCLR) |
|---|---|
| Industry | Optical components |
| Founded | 1988 |
| Headquarters | San Jose, California |
| Key people | Alain Couder (President and CEO) |
| Revenue | $466.5 million (2011) |
| Operating income | $(30.610) million (2011) |
| Net income | $(46.4) million (2011) |
| Website | Oclaro.com |
Oclaro (NASDAQ: OCLR) is a leading US-based business manufacturing and selling optical components. Formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index, the company now trades on the NASDAQ.
Contents |
[edit] History
The Company was founded in the United Kingdom in 1988 as Bookham Technology.[1] It became the first company in the world to make optical components that can be integrated into a silicon chip.[1] In 2002 the Company expanded substantially when it acquired the optical components businesses of Marconi and Nortel Networks.[1] In 2003 it acquired New Focus, a US business, for £118 million.[2] In 2004 it became a US-domiciled company.[1]
In late April 2009 the Bookham and Avanex Corporations announced that they had merged, creating one of the largest suppliers of optical components, modules and subsystems to the long-haul and metro elecommunications markets. The newly combined company was named Oclaro combining the words Optica and Clarity to communicate Oclaro’s clarity of vision and focus on photonics.[3]
[edit] Operations
The Company designs, manufacturers and sells optical components primarily for use in fibre optic networks.
[edit] References
- ^ a b c d Bookham: History
- ^ Britain's Bookham buys US firm New Focus for £118m
- ^ Avanex and Bookham become Oclaro Compound Semiconductor, 28 April 2009
