VC-Backed StrataLight Sells to Opnext

StrataLight Communications, a Los Gatos, Calif.-based fiber optic business, sold to Opnext Inc for $172 million. Stratalight makes ultra-high capacity optical transmission subsystems and received backing from Comcast Interactive Capital, Entrepia, Intel Capital, Photonics Fund, TL Ventures, U.S. Venture Partners and Velocity Interactive Group.