Ushio Acquires Laser Diode and LED Business of Oclaro Japan

Ushio Inc. reported that its wholly owned subsidiary Ushio Opto
Semiconductors, Inc., of Tokyo, has signed a demerger agreement with Oclaro
Japan, Inc., a wholly owned subsidiary of Oclaro, Inc. Under the terms of the
agreement, Ushio Opto Semiconductors will acquire the LED and red and violet
laser business of Oclaro Japan. The acquired …

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