Verrillon acquires Australian assets from ADC

November 1, 2002--Verrillon, Inc. has acquired ADC's passive photonic components business unit in Canberra, Australia in association with the existing management team. Terms of the deal were not disclosed.

November 1, 2002--Verrillon, Inc. has acquired ADC's passive photonic components business unit in Canberra, Australia in association with the existing management team. Terms of the deal were not disclosed.

"The combination of the two businesses is unique," said Bill Beck, Verrillon's president and CEO. "No other major passive component manufacturer has an integrated specialty optical fiber capability."

The name of the Canberra, Australia business unit will revert to AOFR, the company's name prior to being acquired by ADC in 1995. AOFR will operate as a subsidiary of Verrillon, Inc.

Under the deal, ADC transferred to Verrillon its development, production, and testing capabilities for tap couplers, splitters, combiners, wavelength-division multiplexers, and fiber Bragg gratings. In addition, ADC and AOFR have entered into a supply agreement.

"We know the Verrillon team very well because we have been working on a number of projects with them during the last two years," said Scott Rashleigh, managing director of the Canberra, Australia business unit. "The ability to design optical components around custom specialty optical fibers yields many benefits -- both technical and commercial."

Verrillon's facility in North Grafton, MA, will continue to function as corporate headquarters and the company's specialty optical fiber operations center. Component development and manufacturing will remain in Canberra, Australia with the existing staff and management.

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