Cases & Deals

Oclaro sells Zurich Gallium Arsenide laser diode business to II-VI Incorporated for $115 million

Clients Oclaro, Inc.

Jones Day represented Oclaro, Inc., a leading provider and innovator of optical communications solutions, in a sale of its Oclaro Switzerland GmbH subsidiary and associated laser diodes business to II-VI Incorporated in a transaction valued at $115 million. In addition, II-VI acquired an exclusive option to purchase Oclaro's optical amplifier and micro-optics business for $88 million in cash.