New Focus Inc., a maker of fiber-optic products, has agreed to buy JCA Technology Inc. of Camarillo for $600 million in cash and stock to expand its product offerings.
New Focus said it will pay $575 million in stock and $25 million in cash for JCA, a maker of microwave-based electronic products. It had revenue of $13.9 million for the first nine months of this year and turned a profit, Santa Clara-based New Focus said.
