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Finisar

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Optical communications manufacturing company
Finisar Corporation
Company typeSubsidiary
Traded asNasdaq: FNSR
FoundedApril 1987; 37 years ago (1987-04)
Founders
HeadquartersSunnyvale, California
ProductsOptical communication components
RevenueUS$1.28 billion (2019)
Number of employees13,000 (2019)
ParentCoherent Corp.
Websitefinisar.com

Finisar Corporation is a manufacturer of optical communication components and subsystems. The company was founded in April 1987 by Frank Levinson and Jerry Rawls in Menlo Park, California. In November 1999, it went public via an initial public offering. In 2008 Finisar merged with Optium Corporation. In September 2019, Finisar was acquired by II-VI Incorporated for US$3.2 billion.

Finisar's products include optical transceivers, optical engines, active optical cables, optical components, optical instrumentation, ROADM & wavelength management, optical amplifiers, and RF-over-Fiber. Their products enable high-speed voice, video, and data communications for networking, storage, wireless, and cable TV applications.

Partnerships

Apple Inc. announced a new partnership with Finisar in December 2017. The planned investment of $390 million will support Finisar's increase production of its R&D spending and high-volume production of vertical-cavity surface-emitting lasers that power some of Apple's features such as the Face ID. The plant, supporting more than 500 jobs, is located in Sherman, Texas.

References

  1. ^ "Finisar Corporation Form 10-K for the fiscal year ended April 28, 2019". U.S. Securities and Exchange Commission. 14 June 2019. Archived from the original on 30 June 2022. Retrieved 30 June 2022.
  2. ^ "FNSR Profile - Finisar Corp Profile". MarketWatch. Archived from the original on 2009-11-21. Retrieved 2010-01-15.
  3. ^ "Finisar IPO Proves Hot In First Trading Session". The Wall Street Journal. 15 November 1999. Archived from the original on 30 June 2022.
  4. "II-VI completes Finisar acquisition". optics.org. 25 September 2019. Archived from the original on 5 July 2022. Retrieved 30 June 2022.
  5. "Finisar/Optium Merge". Network Computing. 2008-05-16. Archived from the original on 2020-02-04. Retrieved 2020-02-04.
  6. Incorporated, II-VI (2019-09-24). "II-VI Incorporated Expands Compound Semiconductors and Photonic Solutions Platforms with the Completion of the Finisar Acquisition". GlobeNewswire News Room (Press release). Retrieved 2021-12-01.
  7. Rana, Akanksha; Sampath Kumar, Uday (9 November 2018). "Optical parts maker II-VI eyes 5G, driverless cars with Finisar buy". Reuters.
  8. "Apple is investing $390 million into a company that makes chips for the iPhone X and AirPods". Business Insider. Archived from the original on 2017-12-13. Retrieved 2017-12-13.
  9. ^ Gallagher, Dan (13 December 2017). "Why Apple Is Chipping In on Finisar". The Wall Street Journal. Archived from the original on 13 December 2017.
  10. "Apple awards Finisar $390 million from its Advanced Manufacturing Fund". Apple Newsroom. Archived from the original on 2023-03-16. Retrieved 2017-12-13.

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