POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

TSXV:PTK - Post by User

POET Technologies Ord Shs

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Post by tradeadayon Dec 18, 2012 10:34am

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Post# 20744968

Solar sale accepted by TSX

Official acceptance for the solar sale has been granted:

Opel Technologies asset sale agreement with Tracker

2012-12-17 20:26 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement dated Dec. 14, 2012, between Tracker Acquisition Inc., Opel Technologies Inc. and its affiliate, Opel Solar Inc. Pursuant to the agreement, Solar will sell its non-cash assets to the purchaser.

As consideration, the purchaser will pay to Solar $1-million (U.S.), subject to adjustment for any outstanding indebtedness of Solar related to the business or variance in the stated inventory.

For more information, refer to the company's news release dated Dec. 14, 201

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