Finisar to Acquire u2t Photonics AG for $20M in Cash
January 08, 2014 at 16:36 PM EST
Finisar Corporation (NASDAQ: FNSR ), and u2t Photonics AG announced today that they have entered into an agreement under which Finisar will acquire 100% of the equity interests in u2t Photonics AG, located in Berlin, Germany for approximately $20 million in cash, subject to certain adjustments. Finisar will also assume net debt of