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Opnext, Inc. was founded as a venture of the Clarity Group and optical researchers from Hitachi. [8] Opnext raised over $253M on their initial public offering on February 15, 2007. [9] On March 26, 2012, Oclaro, Inc. announced the acquisition of Opnext. The merger between Oclaro and Opnext was approved by shareholders of both companies on July ...
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When Oclaro (NAS: OCLR) and Opnext (NAS: OPXT) announced their merger back in March, I wondered whether two optical wrongs could make a right. Squeezing value out of two cash-burning optical ...
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Crews battle wildfires in North and South Carolina amid dry conditions and gusty wind…