News Article
Bookham buys EFDA developer
Bookham Technology has entered into an agreement under which it will acquire Onetta, a provider of optical amplifier modules and subsystems for communications networks. The acquired company is based in Sunnyvale, California. Onetta designs and manufactures intelligent erbium doped fiber amplifiers (EDFA).
Bookham Technology has entered into an agreement under which it will acquire Onetta, a provider of optical amplifier modules and subsystems for communications networks. The acquired company is based in Sunnyvale, California. Onetta designs and manufactures intelligent erbium doped fiber amplifiers (EDFA).
Bookham will acquire the entire issued share capital of Onetta in exchange for 27.6mn ordinary Bookham shares. At market close on Friday, May 21, 2004, this amount of Bookham shares had a value of GBP13.0mn ($23.3mn). Completion of the acquisition is expected in early June 2004.
