Kaiam: Kaiam Europe's Scotland plant acquired by Chinese transceiver maker Broadex

After Kaiam Corp of Newark, CA, USA (which makes 100G optical transceivers) on 22 December appointed KPMG as administrators for its subsidiaries Kaiam Europe Ltd and Kaiam UK Ltd then on 24 December made redundant 310 of the 338 workers at the manufacturing site in Livingston, Scotland (due to lack of orders and trading losses), Kaiam Europe's Planar Lightwave Circuits (PLC) division has been acquired by Broadex Technologies UK Ltd, a newly formed subsidiary of Shanghai-based optical module maker Broadex Technologies Co Ltd (Planar Lightwave Circuits' biggest customer)...