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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TSXV's POET Technologies Agrees to Sell Singapore Unit DenseLight for $37.2 Mln 
2019-08-21 08:44:15 AM ET (MT Newswires)
   
   

08:44 AM EDT, 08/21/2019 (MT Newswires) -- Chip maker POET Technologies (PTK.V) said late Tuesday that it has signed a definitive agreement to sell its Singapore-based subsidiary DenseLight Semiconductors to DenseLight Semiconductor Technology (Shanghai), a special purpose company recently organized by China Prosper Group on behalf of investors, for US$28 million ($37.2 million).

The deal also includes supply and strategic cooperation agreements with POET Technologies, the terms of which were not given. 

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Re: They keep sending out the news
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dash8400
Aug 21, 2019 09:43AM
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