USHIO Aims at Expanding Its Solid State Light Source Business with
INC. (TOKYO:6925) (President and CEO: Shiro Sugata), announced today
that its wholly owned subsidiary USHIO OPTO SEMICONDUCTORS, INC.,
headquartered in Tokyo, has signed a demerger agreement with Oclaro
Japan, Inc. (President: Tadayuki Kanno), a wholly owned subsidiary of
Oclaro, Inc. (CEO: Greg Dougherty). Through this agreement, USHIO OPTO
SEMICONDUCTORS will acquire the LED, red, violet and part of the
infrared laser diode business from Oclaro Japan. The acquired activity
is primarily located in Komoro, Japan and includes approximately 80
Since it was founded five decades ago, USHIO has developed,
manufactured, and marketed a variety of successful and highly popular
lamps and solid-state light sources. USHIO has long been one of the
world’s leading manufacturers of industrial light sources. By this
transfer, USHIO is aiming at further expansion of its solid-state light
sources business. USHIO will receive transfer of the business related to
the development, manufacture, and sales of semiconductor lasers and LEDs
(other than Oclaro Japan’s optical communication business) from OclaroJapan.
“Today, optical processes and applications have become more and more
diversified and important in the industry. We at USHIO will provide a
variety of light sources, including high-brightness and high-quality
LEDs and LDs, as well as our existing lamp products to meet the
diversified needs of our customers,” commented Shiro Sugata, President
and CEO, USHIO INC.
“We are pleased to sign this agreement with Ushio, it was critical for
Oclaro Japan to find a respected partner that would provide new
opportunities to our Komoro employees and continued support and
innovation to our customers.” commented Tadayuki Kanno, President of
The closing of the transaction is expected to occur during the fourth
calendar quarter of 2014.
About USHIO INC.
Established in 1964, USHIO INC. (TOKYO:6925) is a leading manufacturer
of light sources such as lamps, lasers, and LEDs, in a broad range from
ultraviolet to visible to infrared wavelengths, as well as of optical
equipment and cinema-related products that incorporate these light
sources. It also makes products in the electronics field (such as
semiconductors, flat panel displays and electronic components) and in
the visual imaging field (including digital projectors and lighting).
Many of these products enjoy dominant market shares. In recent years,
USHIO has undertaken business in the life science area, such as in the
medical and the environmental fields. See http://www.ushio.co.jp/en/.
About USHIO OPTO SEMICONDUCTORS, INC.
USHIO OPTO SEMICONDUCTORS, INC., was established in July 2014 as a
wholly owned subsidiary of USHIO INC. Its headquarters is located in
2-6-1 Ohtemachi, Chiyoda-ku, Tokyo.
About Oclaro, Inc.
Oclaro, Inc. (Nasdaq:OCLR), is a leader in optical components, modules
and subsystems for the core optical, enterprise and data center markets.
Leveraging more than three decades of laser technology innovation,
photonics integration, and subsystem design, Oclaro's solutions are at
the heart of the fast optical networks and high-speed interconnects
driving the next wave of streaming video, cloud computing, voice over IP
and other bandwidth-intensive and high-speed applications. For more
information, visit http://www.oclaro.com.
About Oclaro Japan, Inc.
Oclaro, Japan, Inc., was established in September 2000 as a wholly owned
subsidiary of Oclaro, Inc.
Source: USHIO INC.