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BluGlass acquiring US laser fab for $2.5m
What happened
BluGlass Ltd is acquiring a 19,000 sq ft laser diode production facility in Fremont, CA, for $2.5M ($2M cash, $0.5M shares). The move aims to fast-track the company's growth and increase its laser manufacturing capacity. Watch: This acquisition could alter the supply landscape for specialized laser diodes in the medium term, but the immediate trading impact is uncertain.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
laser diode
BluGlass Ltd
M&Acapacity-expansionlaser
Source and time
Source: Semiconductor Today · 3/24/2022 · View original source
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