Oclaro Buys VC-Backed Xtellus
Oclaro Inc. (Nasdaq: OCLR) has acquired Xtellus Inc., a Denville, N.J.-based developer of optic components for multi-wavelength, reconfigurable optical networking systems. No financial terms were disclosed. Xtellus had raised around $16.3 million in VC funding, from Alta Berkeley Venture Partners, Israel Seed Partners and NanoDimension LP.
17 December 2009•3 mins read
