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Optical communications component and module maker Avanex Corp of Fremont, CA, USA has acquired the assets relating to the 10Gbit/s 300-pin MSA transponder and 10Gbit/s XFP MSA transceiver businesses of the Melbourne, FL-based Commercial Communication Products Division (CCPD) of Essex Corp of Columbia, MD, USA ( a subsidiary of Northrop Grumman's Mission Systems sector since January).
CCPD is a design team focused on developing pluggable transceivers and tunable transponders. Avanex says that the acquisition accelerates its time-to-market in expanding its presence in the telecom transmission module market, which is estimated to grow to about $1.0bn by 2009, according to a recent study by Ovum RHK.
Avanex expects to have the acquired products integrated into its product portfolio and ready for general availability by the end of 2007.
“This acquisition reinforces our commitment to investing in key telecommunication optical technologies,” says Avanex’s president, chairman and CEO Jo Major.
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Avanex France to become 3S Photonics
Visit: http://www.avanex.com