RE:RE:2x6I don't know whether there is a connection between any of the bidders and POET but to say definitely that there is none is not being realistic. Anadigics had positioned the 6 inch GaAs fab for the production of VCSELs. A fundamental shift away from the RF related products. The company was definitely in distress but was now set up for a growth industry and whether POET played a role in this would be unknown to retail investors.
Epiworks announces a supply agreement with POET which the CEO endorses as follows:
"We are excited to be working closely with Poet Technologies by offering manufacturing excellence and scalability for innovative optoelectronic devices," said Quesnell Hartmann, chief executive officer of EpiWorks. "By establishing a development and supply agreement, our companies expect to be working closely together for several years, allowing the technology to continuously and rapidly improve long after it is scaled into production."
One week later the takeover by 2-6 is disclosed.
aweigh, you seem to think that Epiworks is financially distressed? Please provide your source of information that would lead you to this conclusion.