Infineon Calls Off Sale
Terminates $200M sale of fiber optics unit to Finisar, which had cooled on the deal
January 12, 2005
1 Min Read
Infineon Technologies AG (NYSE/Frankfurt: IFX) this morning terminated the $200 million-plus sale of its fiber optics business unit to Finisar Corp. (Nasdaq: FNSR) almost nine months after the original agreement was struck (see Infineon Halts Sale of Fiber Optics).
Infineon says ongoing delays and a lack of support from Finisar's board are to blame...
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Ray Le Maistre, International News Editor, Light Reading
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