Company type | Subsidiary |
---|---|
Nasdaq: FNSR | |
Founded | April 1987 [1] : 2 |
Founders | |
Headquarters | Sunnyvale, California [2] |
Products | Optical communication components [2] |
Revenue | US$1.28 billion (2019) [1] |
Number of employees | 13,000 (2019) [1] |
Parent | Coherent Corp. |
Website | finisar |
Finisar Corporation is a manufacturer of optical communication components and subsystems. The company was founded in April 1987 by Frank Levinson and Jerry Rawls in Menlo Park, California. [3] [4] In November 1999, it went public via an initial public offering. [3] In 2008 Finisar merged with Optium Corporation. [5] In September 2019, Finisar was acquired by II-VI Incorporated for US$3.2 billion. [6] [7]
Finisar's products include optical transceivers, optical engines, active optical cables, optical components, optical instrumentation, ROADM & wavelength management, optical amplifiers, and RF-over-Fiber. [1] Their products enable high-speed voice, video, and data communications for networking, storage, wireless, and cable TV applications. [1]
Apple Inc. announced a new partnership with Finisar in December 2017. [8] The planned investment of $390 million will support Finisar's increase production of its R&D spending and high-volume production of vertical-cavity surface-emitting lasers that power some of Apple's features such as the Face ID. [9] The plant, supporting more than 500 jobs, is located in Sherman, Texas. [9] [10]
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