Oclaro Acquires Mintera Corporation for $32,000,000

  • Feed Type
  • Date
    7/21/2010
  • Company Name
    Mintera Corporation
  • Mailing Address
    35 Nagog Park Acton, MA 01720
  • Company Description
    Mintera was founded in 2000 to be the technology leader enabling next generation 40 Gbps optical transport in metro-core, regional, long- haul and ultra long-haul optical networks.
  • Website
    http://www.mintera.com
  • Transaction Type
    M&A
  • Transaction Amount
    $32,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Terms of the deal call for a payment of $12M in cash upon close, plus a revenue-based earn-out ranging from $0 to $20M payable in cash or stock at Oclaro’s option.

Trending on Xconomy