Tuesday, July 5, 2011

Finisar Completes Ignis Buy

Sunnyvale-based Finisar, the developer of fiber optic subsystems, said today that it has completed its acquisition of Ignis ASA, a publicly held Norwegian company. Ignis was listed on the Osla Stock Exchange AS IGNIS. The firm said it agreed to pay NOK 8 per share of Ignis. Finisar was advised by SEB Enkilda and DLA Piper in the deal.