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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: Curtis E. Bemis who wrote (2554)	8/12/2000 3:22:11 PM
From: pat mudge	of 3951

From SDLI's May 10 PIRI acquisition press release: About PIRI PIRI, formed in 1987 by NTT Corporation, Mitsubishi Corporation and Battelle, who together with Mitsubishi International Corporation are the current shareholders, is the leading supplier of AWG products and silica waveguide technology used in fiber optic mux/demux products. PIRI also offers a line of other products including thermo-optic switches used in optical add/drop multiplexers, thermo-optic based variable optical attenuators (VOAs) used in gain equalization, and optical splitters used for distribution of the optical signals. PIRI's products are applicable to the undersea, long haul and metro markets. I recall asking Don Scifres about the acquisition while at the annual meeting and he said they'd been developing a relationship with PIRI's Japanese holders for quite a long time. Acquisitions like this don't happen over a glass of wine and handshake. It's more akin to marrying off your first-born. :) Pat

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