jds fitel Inc., Nepean, ON, Canada, has agreed to purchase an equity interest in iot Integrierte

jds fitel Inc., Nepean, ON, Canada, has agreed to purchase an equity interest in iot Integrierte Optik GmbH, Waghaeusel-Kirrlach, Germany. iot, a wholly owned subsidiary of Schott Glaswerke, designs and manufactures monolithic integrated optical couplers and splitters based on proprietary planar glass waveguide and ion-exchange technology. While the financial details of the transaction were not disclosed, jds fitel expects to complete the purchase by the end of this August.

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