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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (1824)	7/12/2000 12:22:25 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2882

Old News from EETimes: Acquisition boosts ADI’s MEMS work London – Analog Devices Inc. said its planned $150M acquisition of BCO Technologies is intended to increase ADI’s presence in components for optical switching. BCO is a specialist in thick-film boned wafers, micromachined optical components and silicon-on-insulator (SOI) technologies. It was founded in 1992 as an incubation company at Queen’s University of Belfast and was floated on the U.K.’s Alternative Investment Market (AIM) in Dec. ’97. The company employs about 90 people at its factory and design center in west Belfast. Dermott Simpson, Chairman, said his company, “recognizes that long-term relationships with global customers in the MEMS and optical component markets can best be achieved if BCO is part of a leading component supplier with global reach and the ability to provide customers with packaged solutions. We believe that this offer represents the best way forward for BCO. BCO’s Belfast plant is one of only a few worldwide that are dedicated to SOI wafer production. Jim