| Type | Public (NASDAQ: OCLR) |
|---|---|
| Industry | Optical components |
| Founded | 1988 |
| Headquarters | San Jose, California |
| Key people | Alain Couder (President and CEO) |
| Revenue | $235.5 million (2008) |
| Operating income | $(30.3) million (2008) |
| Net income | $(23.4) million (2008) |
| Website | www.oclaro.com |
Oclaro (NASDAQ: OCLR) is a leading US-based business manufacturing and selling optical components. Formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index, the company now trades on the NASDAQ.
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The Company was founded in the United Kingdom in 1988 as Bookham Technology.[1] It became the first company in the world to make optical components that can be integrated into a silicon chip.[1] In 2002 the Company expanded substantially when it acquired the optical components businesses of Marconi and Nortel Networks.[1] In 2003 it acquired New Focus, a US business, for £118 million.[2] In 2004 it became a US-domiciled company.[1]
In late April 2009 the Bookham and Avanex Corporations announced that they had merged, creating one of the largest suppliers of optical components, modules and subsystems to the long-haul and metro elecommunications markets. The newly combined company was named Oclaro combining the words Optica and Clarity to communicate Oclaro’s clarity of vision and focus on photonics.[3]
The Company designs, manufacturers and sells optical components primarily for use in fibre optic networks.