Disclaimer:

    The views, information, or opinions expressed in the Industry News RSS feed belong solely to the author and do not necessarily represent those of IDEX Health & Science and its employees.

    DenseLight to Expand in Singapore and China After Ownership Transfer

    Article obtained from Photonics RSS Feed.

    Photonics integration technology company DenseLight Semiconductors Technology Co. Ltd. has become an independent organization following its divestment by POET Technologies Inc. for a total consideration of $26 million.

    This news comes three years after DenseLight’s acquisition by POET, during which DenseLight expanded its market presence in China and the U.S. The company recorded a year-on-year revenue growth of 29% in 2017 and 39% in 2018 and reported that it is on track to surpass that growth in 2019.

    DenseLight Semiconductors’ headquarters in Singapore. Courtesy of DenseLight.
    Commenting on the transaction, DenseLight’s president and CEO, Rajan Rajgopal, said his company has been working hard over the…

    READ MORE
    Dec, 30 2019 |

    IDEX Health & Science is the global authority in fluidics and optics, bringing to life advanced optofluidic technologies with our products, people, and engineering expertise. Intelligent solutions for life.