Seems like it was previously owned by Coherent, like some kind of III-V (specifically GaAs mentioned) photonics processes there in the past. This kind of technology is typically quite useful for lasers, LEDs, or potentially image sensors as well. Many LIDAR sensors and even light sources can notably depend on III-V semiconductor sensors. Also widely used by the telecom industry.
Outside photonics definitely useful for high speed electronics, but that would probably take more process development to get going.
Outside photonics definitely useful for high speed electronics, but that would probably take more process development to get going.