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JDSU COMPLETES ACQUISITION OF PICOLIGHT
May 29, 2007
MILPITAS, Calif., May 29, 2007 JDSU, a leading enabler of broadband and optical innovation, today announced the completion of its acquisition of Picolight, a leading designer and manufacturer of optical pluggable transceivers.
The acquisition significantly strengthens JDSU’s position in high-growth pluggable optics for the enterprise market and adds an established, vertically integrated manufacturing model.
“Demand for reliable data management and delivery continues to grow, particularly among enterprises,” said David Gudmundson, president of JDSU’s Optical Communications business segment. “With this acquisition, we are able to serve market demand for 8 and 10 Gigabit data networks, and provide a clear path to 100 Gigabits in the future. We are encouraged by the feedback from customers and are confident that our combined companies have the scale and strength to compete in today’s enterprise and service provider markets.”
With over 1 million small form-factor pluggable products shipped, Picolight has been a pioneer in developing the vertical cavity surface-emitting laser (VCSEL), a key technology used in high-speed and short-to-medium distance optical interconnects. The addition of Picolight’s 850 nanometer (nm) and 1310 nm VCSEL-based transceiver products to JDSU’s current data communications product portfolio brings innovative technology with the performance, reliability and manufacturability needed to address a wide range of markets.
About Picolight Inc.
Picolight, Inc., headquartered in Louisville, CO., is an innovative designer and manufacturer of optical components and vertical cavity surface emitting laser (VCSEL)-based optical transceivers for high-bandwidth optical systems in rapidly growing data center, enterprise, storage area, and metro networking markets. The company’s mission is to leverage its breakthrough VCSEL technology, vertically integrated manufacturing strategy, and a market-focused culture to drive next generation optical interconnects for datacom applications. The company is dedicated to targeted product innovations in key growth markets that will fuel business expansion and profitability. Picolight is a rapidly growing, venture-funded company in a fast-paced optical transceiver and components market.
For more information, see www.picolight.com or email sales@picolight.com.
Related Member:
Jeff Hinck
Related Company:
Picolight
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