Tuesday, April 11, 2006

Olympus and Movaz Establish Joint Venture for MEMS

Olympus Corporation and Movaz Networks have established a joint venture company to provide Micro Electro-Mechanical Systems (MEMS) based technologies and products for optical equipment suppliers worldwide.

Olympus Microsystems America, which will be based in San Jose, California, combines Movaz IP and engineering resources with Olympus' established MEMS foundry services and optical technology. The joint venture aims to manufacture and market new products with anticipated gross sales of 6 billion Japanese yen (approximately US$60 million) within 5 years.

The first jointly developed product, a MEMS-based Wavelength Selective Switch (WSS) for Reconfigurable Optical Add Drop Modules (ROADM), has been deployed since last August in Movaz's Multi-Degree RAY ROADM network to provide extended reach to key government and university sites including the NASA Goddard Space Flight Center, the Mid-Atlantic Crossroads (MAX), and the National Lambda Rail. Olympus Microsystems America, Inc. will also develop business for new products, technology, and markets with a focus on MEMS-based activities including ROADM products, variable optical attenuators (VOA), small switches, optical cross connects (OXC), aspheric lenses, and tunable filters.


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