| Finisar Corporation | |
| Type: | Subsidiary |
| Traded As: | NASDAQ: |
| Hq Location: | Sunnyvale, California[1] |
| Products: | Optical communication components |
| Revenue: | (2019) |
| Num Employees: | 13,000 (2019)[2] |
| Parent: | Coherent Corp. |
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. 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. Their products enable high-speed voice, video, and data communications for networking, storage, wireless, and cable TV applications.
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.[10]