OpticNet, Inc., a development stage company, develops fiber optic components and subsystems for the telecommunications market. The company intends to manufacture and market optical components, which are used to interconnect, switch, attenuate, and otherwise manage optical signals in fiber optic circuits. It intends to offer various products that include mirrors and mirror arrays; optical switches and switch arrays; and variable optical attenuators (VOA) and VOA arrays. The company was incorporated as a majority owned subsidiary of BEI Technologies, Inc. in February 2000 and got separated from BEI Technologies in November 2000. Later, it was acquired by BEI Technologies, Inc. in 2003. OpticNet is headquartered in San Francisco, California. OpticNet, Inc. is a former subsidiary of BEI Technologies, Inc., as of December 23, 2003.