SUNNYVALE, Calif.--(Business Wire)--
Photonera, one of the leading providers of integrated photonics solutions for
ultra-dense, high-speed interconnection systems, today announced its acquisition
of Intexys Photonics, a leading manufacturer of high-speed optical modules,
based in Toulouse, France.
Founded in 2002, Intexys is the first company to successfully commercialize the
use of micro-assembly hybridization technologies for the production of Terabit
Parallel optical modules for high volume manufacturing.Commenting on the
acquisition, Dr. Tom Fong, Vice President of Marketing at Photonera said, "I am
delighted to announce this acquisition.With its disruptive, patented
hybridization platform, Intexys has played a key role in driving the commercial
growth of 10Gbit/s parallel optics solutions and has enabled a large number of
commercial and consumer applications."
"The demand on bandwidth has grown exponentially," said Dr. Narinder Kapany,
Chairman of Photonera."Providing the market with reliable, cost-effective
solutions has been the differentiator for Intexys.As part of Photonera, we will
build on this commitment together."
Under the terms of this agreement, Photonera will acquire all assets and IP
needed to continue and to grow the business with all existing products.Photonera
will retain key employees of Intexys to continue serving the current customers.
Photonera Corporation designs, manufactures and markets highly integrated
optical sub-assemblies and modules for high-speed applications based on its
well-patented and industrial proven flip-chip hybridization technology. The
company provides multi-standard compliant transmitter and receiver solutions for
serial and parallel optical interconnects. Headquartered in Silicon Valley,
Photonera has R&D centers in Sunnyvale, France and Taiwan.
Photonera Corporation
Tom Fong, 408-774-9718 (Office) or 650-302-1828 (Mobile)
Vice President of Marketing
fong@photonera.com
Copyright Business Wire 2009
