Oclaro Acquires Mintera

SAN JOSE, Calif. -- Oclaro, Inc. (NASDAQ: OCLR), a tier-one provider of innovative optical communications and laser solutions, today announced it has acquired Mintera Corporation, a privately-held leader in high-performance optical transport sub-systems solutions. The acquisition of Mintera broadens Oclaro’s product portfolio for high-speed telecommunications, and will reinforce Oclaro's position as one of the leading optical communications providers. As a result of the acquisition, Oclaro will offer components and sub-systems covering all of the major modulation technologies necessary for high-performance 40 Gbps data transmission in regional, metro, long-haul (LH) and ultra Long-Haul (ULH) networks.

“Oclaro’s acquisition of Mintera is the latest in a series of strategic moves to increase our addressable market, better serve our customers and outdistance our competition,” said Alain Couder, president and CEO, Oclaro. “Through this acquisition, Oclaro has taken another important step forward in building upon our leadership position in 40 Gbps regional and metro networks by broadening our product portfolio and systems expertise to expand into 40 Gbps LH and the 100 Gbps Coherent markets.”

Oclaro Inc. (Nasdaq: OCLR)