Thursday, January 31, 2008

Pirelli Labs Spins Out New Company Focused on Nanotech Photonics

Pirelli will soon incorporate a new company to focus on second generation photonics based on nanotechnologies. The company will be the result of integration between the photonics business unit of Pirelli Broadband Solutions and the Optical Innovation division of Pirelli Labs.

Pirelli said the new company will focus on innovative optical components, optical modules, and transportation systems. It has a growing product portfolio and significant know-how in research and technology thanks to its laboratories in Milan-Bicocca and to a network of international partnerships.

At the same time, Pirelli Broadband Solutions will concentrate its activity on the broadband access business, increasingly characterized by market and technology dynamics that are different from those of photonics. The company holds a consolidated portfolio of five product lines (access gateways, set-top boxes, extenders, dual-mode phones and remote management systems), has a leadership position in the Italian market, and is beginning to affirm itself in the rest of Europe.