Lightwave Logic Inc (LWLG)

[SteveSchiets]

Rick, I forgot about this news. I was thinking about Menera and what they are doing today. IPGP bought them. I guess the founders, Siraj and his brother did very well selling their business. Siraj was also present with Menara Networks in Germany last year in ECOC. We, investors didn't meet him but according to Tom or Michael he was there.

http://www.businesswire.com/news/home/20160509005870/en/IPG-Photonics-Acquires-Menara-Networks-Capitalize-Growing

"The on-going shift to cloud based services and infrastructure has placed unprecedented strain on data centers and telecom/cable operators’ optical networks and presents a significant opportunity for Menara’s differentiated products,” comments Siraj Nour El-Ahmadi, Menara CEO, Chairman and Co-Founder. “We view the combination with IPG as a force multiplier to not only expand our market share vertically and geographically but just as importantly to bring about innovative and differentiated turn-key solutions that will effectively address the large and growing global DWDM market.”

IPG Photonics Corp. (NASDAQ:IPGP), which has specialized in high-power fiber lasers and amplifiers, plans to enter the optical pluggable module market with the acquisition of smart optical transceiver vendor Menara Networks, Inc. IPG will pay $46.8 million in cash for Menara, subject to closing adjustments. The company expects the deal to close this quarter.