Molex Makes Second Investment in Lumenon

Molexan existing teaming agreement, <%=company%> (Lisle, IL) has invested $750,000 in Lumenon, bringing its total investment in the company to $1.5 million. The original agreement called for Molex to make its investment in two phases, the first of which took place in June 1999. The second closing was contingent upon Lumenon's progress in proving its technology and its ability to manufacture certain dense wavelength division multiplexing (DWDM) devices.

The proceeds from this investment will be used to complete DWDM optical chip development.

Lumenon fabricates integrated optical devices in the form of compact hybrid glass circuits on silicon chips.

Edited by Kristin Lewotsky