Supplier bought

Enablence Technologies Inc. is buying California photonics products manufacturer ANDevices Inc. for US$13.5 million and 9,085,113 Enablence.jpgcommon shares for a total deal value of about US$33 million. Ottawa-based Enablence, which makes fibre-to-the-home transceivers for optical modems, has an existing relationship with ANDevices, which supplies a component in Enablence’s transceivers. While the acquisition gives Enablence more internal control of its production process, it also helps open the door to the access, metro and long-haul communications markets served by ANDevices. The deal, expected to close by Feb. 15, will add all ANDevices’ 45 full- and part-time employees to Enablence’s staff, according to reports.

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