From Photonics Tessera completes Digital Optics acquisition
Tessera Technologies Inc. of San Jose, Calif., announced this week it has completed the acquisition of Digital Optics Corp. for $59.5 million in cash for all outstanding Digital Optics equity.
Tessera Technologies, through its subsidiaries Tessera Inc. and Tessera Israel, is a provider of miniaturization technologies for the electronics industry.
Digital Optics was launched 15 years ago by a University of North Carolina (UNC) Charlotte team of experts in micro-optics led by UNC Charlotte faculty member Michael Feldman.
It provides miniaturization technology for camera-phone manufacturers and others in the electronics industry,technology is used in semiconductor optics, communications and photonics.
Micro-optics, which use microscopic structures to shape and influence light, are used in bar code-scanning and semiconductor manufacturing.