Source Photonics files for IPO
MRV Communications and Source Photonics (Chatsworth, CA; a wholly owned subsidiary of MRV, formerly Luminent) announced that a registration statement has been filed with the U.S. Securities and Exchange Commission for the proposed underwritten initial public offering of the Class A common stock of Source Photonics.
Source Photonics is a provider of optical-communication products used in telecommunication systems and data communications networks. It designs, manufactures, and sells optical communication products including passive optical network subsystems, optical transceivers used in the enterprise, access, and metropolitan segments of the market.
Emcore to acquire Intel’s telecom assets
Emcore (Albuquerque, NM) and Intel (Santa Clara, CA) announced a definitive agreement for Emcore to acquire the telecom-related portion of Intel’s Optical Platform Division for $85 million dollars. The telecom assets to be acquired include intellectual property, assets and technology relating to tunable lasers, tunable transponders, 300-pin transponders, and integrable tunable laser assemblies.
The acquisition will enhance Emcore’s presence in the telecommunications market segment and expand its fiber-optics product portfolio. The sale of these telecom-related assets enables Intel to focus its investments on core communications and embedded market segments in line with its platform strategies.
JDSU acquires fiber-inspection division
JDSU (Milpitas, CA) acquired the fiber division of Westover Scientific (near Seattle, WA), a provider of fiber-optic inspection and cleaning solutions, for $50 million in cash. Westover Scientific’s products complement JDSU’s existing fiber field and lab and production test portfolio and will be integrated with JDSU’s Communications Test and Measurement business.
“The investment in FTTx initiatives and the importance of service quality in today’s competitive environment mean telecommunications and cable service providers need dependable fiber-optic test solutions that allow them to proactively prevent fiber contamination that may cause network faults before they affect end users,” said Bill Mortimer, vice president and general manager of JDSU’s Lab, Production and Fiber Optic test businesses.
CeramOptec bundles assist Ocean Optics
Specialty-fiber manufacturer CeramOptec (East Longmeadow, MA) is now offering drop-in replacement fiber bundles and assemblies for the Ocean Optics (Dunedin, FL) family of benchtop spectrometers. CeramOptec does not purchase stock fiber preform from third parties from which to fabricate its fiber. Instead, the company handles all steps of the manufacturing process, including preform design and fabrication, fiber drawing and assembly, and testing of the finished product.
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Also in the news . . .
The Carphone Warehouse, Europe’s leading mobile-phone retailer and one of the U.K.’s leading Internet service providers, selected Infinera’s (Sunnyvale, CA) Digital Optical Network for its national backbone network in the U.K. . . . Optronics Technologies (Athens, Greece) was awarded a contract by the Municipality of Karditsa-Greece for the construction of a metropolitan fiber-optics network in the municipality that will connect the public buildings of the city. . . . Worldwide telecom carrier capital-equipment expenditures will top $251 billion in 2007 according to Infonetics Research’s (Campbell, CA) latest series of service-provider reports. . . . IPG Photonics (Oxford, MA) announced that its Russian subsidiary, NTO IRE-POLUS, is supplying its dense wavelength-division multiplexing (DWDM) equipment to North-West Telecom of Svyazinvest, one of the leading telecom companies in Russia.