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Finisar Corp
Finisar Corporation is a manufacturer of optical communication components and subsystems. The company was founded in April 1987 by Frank Levinson and Jerry Rawls in Menlo Park, California. In November 1999, it went public via an initial public offering. In 2008 Finisar merged with Optium Corporation. In September 2019, Finisar was acquired by II-VI Incorporated for US$3.2 billion. Finisar's products include optical transceivers, optical engines, active optical cables, optical components, optical instrumentation, ROADM & wavelength management, optical amplifiers, and RF-over-Fiber. Their products enable high-speed voice, video, and data communications for networking, storage, wireless, and cable TV applications. Partnerships Apple Inc. announced a new partnership with Finisar in December 2017. The planned investment of $390 million will support Finisar's increase production of its R&D spending and high-volume production of vertical-cavity surface-emitting lasers that power s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |