Item 8.01. Other Events.
On June 2, 2009, Newport Corporation (the "Registrant") entered into definitive agreements with Oclaro, Inc. ("Oclaro") pursuant to which (1) the Registrant will acquire Oclaro's New Focus™ business and its portfolio of high-performance products that includes opto-electronics, high-resolution actuators, opto-mechanics, tunable lasers, vacuum and ultraclean solutions, and OEM-engineered solutions, and (2) Oclaro will acquire the Registrant's high-power diode laser manufacturing operations, located in Tucson, Arizona. As part of the transaction, the Registrant will pay Oclaro $3.0 million in cash to reflect differences in the revenue levels of the two businesses, as well as to compensate Oclaro for the higher costs involved in transitioning the diode manufacturing business to its fabrication facilities in Europe. The parties will also enter into an agreement pursuant to which Oclaro, Inc. will supply high-power diodes to the Registrant for incorporation into its Spectra-Physics laser products. Each company will provide transition-related services to the other during an integration period of six to twelve months.
The transaction is subject to customary closing conditions and is expected to close within three to five weeks.
The press release issued by the Registrant on June 3, 2009 relating to the transaction is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

Exhibit No. Description
99.1 Press Release dated June 3, 2009.

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