Ciena expands high-speed optics with TeraXion asset acquisition

Ciena Corporation (NYSE: CIEN), the network specialist, has entered into a definitive agreement with TeraXion to acquire its high-speed photonics components (HSPC) assets for approximately USD $32 million in cash.The asset purchase includes TeraXion’s high-speed indium phosphide and silicon photonics technologies as well as the critical underlying intellectual property. These technologies are key enablers of Ciena’s industry-leading WaveLogic coherent optical chipsets, which make the optical layer of next-generation networks more intelligent and responsive to today’s web-scale demands

Ciena Corporation (NYSE: CIEN), the network specialist, has entered into a definitive agreement with TeraXion to acquire its high-speed photonics components (HSPC) assets for approximately USD $32 million in cash.The asset purchase includes TeraXion’s high-speed indium phosphide and silicon photonics technologies as well as the critical underlying intellectual property. These technologies are key enablers of Ciena’s industry-leading WaveLogic coherent optical chipsets, which make the optical layer of next-generation networks more intelligent and responsive to today’s web-scale demands. See more at Open Source Magazine.

The Laser Focus World take:

We have been following TeraXion for some time. This acquisition only underscores the tremendous strides TeraXion has taken to be a top contender in the silicon photonics industry, and shows that big players like Ciena are ready to embrace silicon photonics for next-generation networking.
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