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Thursday, October 13, 2011

NeoPhotonics completes acquisition of Santur

SAN JOSE, USA: NeoPhotonics Corp. has completed the acquisition of privately held Santur Corp., a leading designer and manufacturer of Indium Phosphide (InP) based PIC products.As previously disclosed, NeoPhotonics agreed to pay an estimated $39.2 million in cash for Santur, after deductions for closing costs and other adjustments, plus up to $7.5 million additional cash contingent on the

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