1 July 2013

Avago completes acquisition of CyOptics

Avago Technologies Ltd of San Jose, CA, USA and Singapore (a designer and supplier of III-V-based analog components for communications, industrial and consumer applications) has completed its acquisition of CyOptics Inc of Lehigh Valley, PA, USA, which makes indium phosphide (InP)-based optical chips and components, for about $400m in cash.

Avago believes that the acquisition of CyOptics will strengthen its fiber-optics product portfolio for emerging 40G and 100G enterprise and data-center applications, with CyOptics’ single-mode InP laser, receiver and photonics integration capability helping to extend its technology position.

Avago’s optical transceiver products currently primarily leverage vertical-cavity surface-emitting laser (VCSEL)-based technology. Avago also expects the acquisition to facilitate its establishment of a complementary optical components business, not only to serve growing segments of the access, metro and long-haul markets but also for the enterprise and data-center segments.

CyOptics designs, fabricates and packages a broad portfolio of optical communications components across enterprise, data-center, access, metro and long-haul market segments. Its optical components are integrated into optical transceivers, transponders and line-cards. Leveraging its heritage from Bell Labs and Lucent, CyOptics has built a broad product portfolio and a customer base that includes the leading module and system OEMs, it is claimed. Revenue has more than tripled over the past three years, including rising by 21% from 2011 to about $210m in 2012.

CyOptics’ InP technology and optical manufacturing capability will accelerate Avago’s ability to capture next-generation 40G and 100G enterprise and data-center sockets, believes Avago’s president & CEO Hock Tan.

See related items:

Avago to acquire CyOptics for $400m

Tags: Avago CyOptics InP PICs

Visit: www.CyOptics.com

Visit: www.avagotech.com