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Finisar and u2t Partner to Acquire Exclusive Access to 100G Coherent Modulator Technology (Finisar Corporation)

(Source: Finisar Corporation) SUNNYVALE, CA and BERLIN -- (Marketwired) -- 07/01/13 -- Finisar Corporation (NASDAQ: FNSR) and u2t Photonics AG announced today that they have entered into a memorandum of understanding with respect to exclusive access to and joint development of all Indium-Phosphide (InP) based Mach-Zehnder modulator (MZM) technology developed at the Fraunhofer Heinrich-Hertz-Institute (HHI). With this transaction, Finisar and u2t obtain immediate and exclusive access to HHI high speed InP modulators, including polarization multiplexed I-Q modulators for 100G coherent applications. Concurrently, u2t has acquired all of the assets of COGO...

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