Lumera Corporation Announces Agreement to Merge with GigOptix, Uniting Lumera's Ground-Breaking Modulator Technology with a Leading Provider of Electronic Engines for High Speed Optical Interconnects

Lumera Corporation (NASDAQ: LMRA), a leader in the field of photonic communications, announced today it has entered into an agreement to merge with privately held GigOptix LLC, a leader in integrated circuits for optically connected communication systems. The combined company will be listed on the NASDAQ market under the name GigOptix, Inc., and will be led by GigOptix’s Chief Executive Officer and Chairman Dr. Avi Katz, who will serve as CEO and Chairman of the combined company.

Source: Lumera Corp.