Well, let's see what we have:
- SCL needs certain technical solutions that POET Technologies (and only POET Technologies) can deliver.
- POET Technologies has a track record of successful monolithic GaAs-based devices demonstrating that they are the perfect fit for what is needed.
- POET Technologies needs a strategic partner (read: money) to complete the remaining parts of their GaAs platform.
So why on earth could anybody think that they did not submit a bid? Give me one plausible reason, just one!
Okay, now we have ruled out what is highly unlikely. Consequently, the opposite is highly likely, and that is – surprise, surprise –: Oh, they submitted a bid!