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Canadian firm buys local semicon player

Acquisition will enhance Singapore's position in compound semiconductor industry: EDB

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For up to S$19.75 million, Poet Technologies - a Toronto-listed developer of opto-electronics fabrication processes for the semiconductor industry - will acquire homegrown photonics company DenseLight Semiconductors.

Singapore

FOR up to S$19.75 million, Poet Technologies - a Toronto-listed developer of opto-electronics fabrication processes for the semiconductor industry - will acquire homegrown photonics company DenseLight Semiconductors.

The acquisition, to be made in shares and cash for all