July 8, 2003 – Bookham Technology, Oxfordshire, UK, has agreed to acquire all the business and assets of Cierra Photonics, Santa Rosa, CA, in a stock deal worth approximately 2.25 million pounds ($3.7 million).
Cierra designs and manufactures thin-film filters using wafer-scale deposition technology, as well as other components for fiber optic telecommunciations.
Bookham says the deal will “open up a large market area where we have not been present to date,” according to CEO Giorgio Anania.