New MEMS White Paper

Download the latest Logitech white paper and learn more about MEMS processing technology and techniques

Download our CMP White Paper

FREE subscription
Subscribe for free to receive each issue of Semiconductor Today magazine and weekly news brief.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

News

27 February 2007

 

JDSU to acquire Picolight for VCSEL-based pluggable optical transceivers

JDSU of Milpitas, CA, USA has announced a definitive agreement to acquire Picolight Inc of Louisville, CO, USA, a designer and manufacturer of pluggable optical transceivers, for about $115m in stock plus up to an additional $10m in cash subject to the achievement of certain revenue targets during 2007. The transaction is expected to close in the quarter to end-June.

JDSU says that the acquisition supports its growth and margin expansion initiatives with a best-in-class vertically integrated manufacturing model. The addition of Picolight's high-growth pluggable optics technology strengthens JDSU’s ability to address the fast-growing market for optical interconnect applications in the datacenter, enterprise, storage area and metro networking markets, the firm reckons. The market for 10 Gigabit Ethernet optical components used by enterprise-focused network equipment, such as pluggable transceivers, is expected to grow at a compound annual growth rate of 35% from about $200m in 2006 to over $650m in 2010, according to a recent study by optical transceiver market research firm LightCounting.

Picolight has shipped over 1 million small-form-factor pluggable products based on its 850nm and 1310nm vertical-cavity surface-emitting lasers (key technology for high-speed and short-to-medium distance optical interconnects).

“By adding Picolight's vertically integrated VCSEL-based transceivers, JDSU will offer our enterprise customers an even broader product portfolio and an exceptionally strong roadmap to address the steep demand for reliable data management and delivery. This will put JDSU in an excellent position to serve existing and near-term requirements for 8 and 10 Gigabit network data management,” says Mike Ricci, senior VP of JDSU's optical communications group. “By adding to our vertically integrated photonics platform, we also will provide our customers a clear pathway and solid foundation to scale to 100 Gigabits in the future,” he adds.

See related item:

JDSU's revenue exceeds guidance, driven by Communications Test and Measurement

Visit: http://www.jdsu.com