Monday, January 14, 2013

Volex Acquires AppliedMicro Active Optical

Volex has acquired active optical technology from AppliedMicro for approximately US$2 million. Under the deal, AppliedMicro has agreed to a five-year non-compete in connection with the marketing and sale of active optical cables, transceivers, modules and related assemblies. The companies also agreed to share ownership of the associated active optical patent portfolio, allowing each company to continue development of the technologies, and forming the basis for the two companies to collaborate on next-generation optical interconnect products and solutions.

"We chose Volex to take the platform forward due to its strong focus on the active optical cable space and extensive customer relationships in data-center markets," said George Jones, vice president of marketing and business development for connectivity solutions at AppliedMicro.

Volex said the acquisition supports its entry into the emerging multi-billion dollar optical interconnect market for high-speed data applications in data center and telecommunications, as well as the consumer, healthcare and industrial markets.

Ray Walsh, Volex CEO, stated: "Our data-center and telecommunications customers have been asking for a cost-effective, high-speed optical solution to replace legacy copper interconnects."

See also