17 May 2018

MACOM Japan completes sale of LR4 100G long-range optical subassembly business to CIG Shanghai

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MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for RF, microwave, millimeter-wave and lightwave applications) says that, on 10 May, MACOM Japan Ltd completed the previously reported sale and transfer to communications equipment manufacturing company CIG Shanghai Co Ltd of capital equipment, inventory and other assets associated with MACOM Japan’s long-range optical subassembly product line (the LR4 100G product business) and the grant of a non-exclusive license regarding related intellectual property.

The asset purchase and intellectual property license agreement of 30 April (amended on 10 May) provides that the buyer will pay $5m to MACOM Japan within 30 days following the closing of the transaction, provide it with the opportunity to supply components, and will pay MACOM Japan an additional estimated $5m and $12m for certain capital equipment and inventory, respectively, within 60 days, subject to the receipt of required government approvals.

As part of a a corporate expansion, CIG (Cambridge Industries Group) Shanghai (which has a subsidiary Cambridge Industries USA Inc in Santa Clara, CA) is forming the Tokyo-based subsidiary CIGTech Japan Ltd (headed by president & CEO Toshihiro Takada), dedicated to the design and development of transmit and receive optical sub-assemblies (TOSAs and ROSAs) operating at speeds of 100G and beyond. Leveraging the firm’s low-cost, high-volume manufacturing capabilities, CIG aims to pursue contract manufacturing (CM) of TOSAs and ROSAs for customers worldwide.

Tags: M/A-COM

Visit: www.cigtech.com/optical-sub-assemblies

Visit: www.macom.com