Anadigics bidding war

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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dcmd99

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Anadigics bidding war

posted on Feb 04, 2016 10:29AM

Hope we are able to move forward regardless of anadigics being settled. My worry is someone is bidding this up or making repeated offers in an attempt to foil our progress. In the big picture the price of the anadigics buyout (63M market cap) is not that much in this industry and this 3rd party could keep making offers indefinetly! 63M is nothing to foil the progress of a technology that could ruin another company. Plus these bids are simple enough to make to buy more time to get your defenses ready for what POET has to offer.

Not sure how we are tied into anadigics and what control they have over us going forward. Not sure what type of agreement we signed with them.