Tech Company M&A Transactions
Kailight Photonics Acquisition
Headquartered in Dallas, Kailight Photonics was purchased by Optium. The transaction price was $35 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/28/2007
Transaction Type
M&A
Amount
$35,000,000
M&A Terms
The aggregate purchase price for the acquisition will be approximately $35 million in cash at closing, including payment for all outstanding capital stock and vested in-the-money stock options, as well as the payment of Kailight stockholder indebtedness and employee change of control awards. Optium will assume all of Kailight's out-of-the-money stock options as well as its unvested stock options. In addition, Optium will be obligated to pay up to an additional $5 million to current holders of Kailight capital stock and in-the-money stock options based on the acquired business reaching certain milestones through Optium's second fiscal quarter of 2009.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
3006 Woodside St. 5016
Dallas, TX 75204
USA
Dallas, TX 75204
USA
Phone
Website
Email Address
Not Recorded
Overview
Kailight Photonics, Inc. develops advanced optical modules for the global telecommunications industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sagie Tsadka
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