Headwaters advised Oclaro, Inc.(NYSE: OCLR) of San Jose, CA, on the divestiture of its thin film filter business and interleaver product line to II-VI, Inc. (NYSE: IIVI).
“The divestiture of these assets is consistent with Oclaro’s strategy to focus resources on our core competencies,” said Kate Rundle, Executive Vice President and General Counsel of Oclaro. “We benefitted throughout this transaction process from the experience, professionalism and responsiveness of the Headwaters team resulting in a transaction that achieved our goals in a very efficient manner.”
Grant Garbers, Managing Director at Headwaters added, “Under the leadership of Kate Rundle, Oclaro has built a tremendous transaction team. We are proud to have worked alongside them to achieve their desired result.”
Oclaro, Inc. (NASDAQ: OCLR) is one of the largest providers of lasers and optical components, modules and subsystems for the optical communications, industrial, and consumer laser markets. The company is a global leader dedicated to photonics innovation, with cutting-edge research and development (R&D) and chip fabrication facilities in the U.S., U.K., Italy, Switzerland, Israel, Korea and Japan. It has in-house and contract manufacturing sites in China, Malaysia and Thailand, with design, sales and service organizations in most of the major regions around the world. For more information, visit http://www.oclaro.com.