"This acquisition adds an extremely talented design and engineering team and provides ownership of a valuable intellectual property portfolio, including a number of advanced technologies that Emcore will be able to incorporate into existing Emcore product families," Robert Bryan, vice president of Emcore, said in a press release.Emcore's management, he said, will discuss the acquisition further while announcing the company's third-quarter results. For the quarter, the company expects revenues of $21.2 million, up 25% from $17 million reported a year ago, but down 9% from $23.2 million reported in the second quarter. It expects to take a charge of $1.3 million in the quarter, pending resolution of component returns with its vendors.At the close of trading Friday, Emcore shares were down $0.10 to $2.88.