Electronics Production |
Paignton acquire plant from Bookham
Paignton acquires a UK plant from optical components and subsystems supplier Bookham in for $9.5 million.
"With this latest transaction we will have raised approximately $41 million from the recent private placement of common stock and the sale of our Paignton facility," said Dr. Giorgio Anania, president and chief executive of Bookham Inc., in a statement. "We now have a much stronger balance sheet, which we plan to leverage to better address our growing markets."
