USHIO Acquires Oclaro Japan’s Industrial and Consumer Semiconductor Laser Diode and LED Business

USHIO (TOKYO:6925) (President and CEO: Shiro Sugata), announced that its wholly owned subsidiary USHIO OPTO SEMICONDUCTORS, INC., headquartered in Tokyo, has signed a demerger agreement with Oclaro Japan (President: Tadayuki Kanno), a wholly owned subsidiary of Oclaro (CEO: Greg Dougherty). Through this agreement, USHIO OPTO SEMICONDUCTORS will acquire the LED, red, violet and part of the infrared laser diode business from Oclaro Japan. The acquired activity is primarily located in Komoro, Japan and includes approximately 80 employees.

Since it was founded five decades ago, USHIO has developed, manufactured, and marketed a variety of successful and highly popular lamps and solid-state light sources. USHIO has long been one of the world’s leading manufacturers of industrial light sources. By this transfer, USHIO is aiming at further expansion of its solid-state light sources business. USHIO will receive transfer of the business related to the development, manufacture, and sales of semiconductor lasers and LEDs (other than Oclaro Japan’s optical communication business) from Oclaro Japan.

“Today, optical processes and applications have become more and more diversified and important in the industry. We at USHIO will provide a variety of light sources, including high-brightness and high-quality LEDs and LDs, as well as our existing lamp products to meet the diversified needs of our customers,” commented Shiro Sugata, President and CEO, USHIO INC.

“We are pleased to sign this agreement with Ushio, it was critical for Oclaro Japan to find a respected partner that would provide new opportunities to our Komoro employees and continued support and innovation to our customers.” commented Tadayuki Kanno, President of Oclaro Japan.

The closing of the transaction is expected to occur during the fourth calendar quarter of 2014.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

XLamp® XP-L Photo Red S Line LEDs Deliver High Efficiency for Horticulture Applications Revolutionizing Horticulture Lighting with Cree LED Cree LED is committed to delivering innovative lighting solutions for horticulture and agriculture,... READ MORE

For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE