Opnext (OPXT)

As of July 23, 2012, Opnext, Inc. was acquired by Oclaro, Inc. Opnext, Inc. designs and manufactures optical components, modules, and subsystems for communications uses primarily in the Americas, Europe, Japan, and the rest of the Asia Pacific region. Its optical communications components consist of transmitters and receivers that include a hermetically packaged compound semiconductor laser or photo detector, which utilize internally fabricated or externally sourced lasers or photodetectors built from indium phosphide or gallium arsenide compound semiconductor materials systems. The company’s optical transceiver modules convert signals between electrical and optical for transmitting and receiving data over fiber optic networks and provide the physical communications interface for data communications and telecommunications systems. These optical transceiver modules are used for client-side interfaces comprising short distance dedicated fiber cables, as well as line-side interfaces, such as long distance transmission with shared fiber cable and amplification media. Opnext’s subsystems offer 40Gbps or 100Gbps long-distance optical communications. The company also sells infrared and visible light optical devices to transceiver module companies for industrial and commercial applications. Its customers include companies that design and manufacture laser-based products, including medical and scientific systems, industrial bar code scanners, professional grade construction and surveying tools, gun sights and other security equipment, display and projection systems for mini-projectors and other projection applications, sensors for robotics and industrial automation, and printing engines for high-speed laser printers and plain paper copiers. The company sells its products primarily through direct sales force, manufacturer representatives, and distributors. Opnext, Inc. was founded in 2000 and is headquartered in Fremont, California.