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Bookham sells JCA Technology to Endwave for $6M to focus on its core optical business
July 22, 2004
ABINGDON, U.K. -- Bookham Technology plc (“Bookham”) (LSE: BHM, NASDAQ: BKHM), a leading provider of optical components, modules and subsystems, today announced that it has sold JCA Technology, Inc (“JCA”) to Endwave Corporation for a consideration of $6 million.
JCA, based in San Jose, California, was acquired by Bookham through the company’s acquisition of New Focus, Inc. in March 2004, primarily supplying a comprehensive line of RF amplifiers for defense applications.
The transaction highlights Bookham’s strategy to focus on its core optical business, following its announcement in May 2004 to implement further cost reduction initiatives, including rationalization of its product portfolio.
Bookham Technology plc
JCA Technology Inc.
Endwave Corp.
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