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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) January 11, 2000
EMCORE CORPORATION
(Exact name of registrant as specified in charter)
New Jersey 0-22175 22-2746503
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State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation
394 Elizabeth Avenue, Somerset, New Jersey 08873
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(Address of principal offices) (Zip Code)
Registrant's telephone number including area code (732) 271-9090
(Former name or former address, if changed since last report) NOT APPLICABLE
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Item 5. OTHER EVENTS
RECENT DEVELOPMENTS
In January 2000, we signed a Memorandum of Understanding with JDS Uniphase
Corporation ("JDS"). Under this Memorandum of Understanding, we and JDS will,
upon execution of a final agreement, jointly develop, manufacture and market a
family of fiberoptic array transceivers based on our laser technology that
facilitate light to logic (electronic signal in/modulated light signal out) for
fiberoptic communications solutions used in switches, routers and computer
backplanes. We will manufacture VSCEL arrays and design gigabit speed control
circuits, photodetectors, optical links and other components. JDS will design
and develop the optical packaging for the products and handle all marketing and
worldwide sales and distribution. We intend that the initial product jointly
developed and commercialized in our alliance with JDS will be an array
transceiver with twelve channels each operating at 1.25 Gigabits/second,
yielding a compact, high speed data link. These products are designed to make
possible short distance links between dense wavelength division multiplexing
systems (DWDM), high speed routers and SONET (long-haul telecommunications)
equipment.
It is expected that JDS will place an initial purchase order upon the
signing of the agreement. The terms and conditions of delivery will be finalized
upon completion of development of the product. We expect to begin shipments of
an array transceiver by the second calendar quarter.
In January 2000, we entered into a three-year supply agreement with Agilent
Technologies, Inc., a leading supplier of fiberoptic transceivers and integrated
circuits for infrastructure products for the Internet. Under this agreement, we
will manufacture Gigarray(R) VCSEL arrays for use in parallel optical
transceivers. The initial purchase order under the agreement is contingent upon
our development of a component that meets Agilent's specifications. We expect to
begin shipping sample products in June 2000 with full commercial shipments
commencing by year end.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
EMCORE CORPORATION
(Registrant)
By: /s/ Thomas G. Werthan
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Thomas G. Werthan
Chief Financial Officer
Dated: February 16, 2000
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