Wednesday, March 25, 2020

Nokia completes acquisition of Elenion Technologies

Nokia completed its previously announced acquisition of   Elenion Technologies, a U.S.-based company focusing on silicon photonics technology. Financial terms were not disclosed.

Elenion, which was founded in 2014 and is based in New York City, develops highly integrated, low-cost silicon photonics technologies for short-reach and high-performance optical interfaces and has pioneered a design toolset which enables a greatly simplified, low cost, scalable manufacturing process. The Elenion platform simplifies integration with optical chipsets, lowers power consumption, improves port density and helps to lower the overall cost per bit for network operators.

Nokia said Elenion's state-of-the-art silicon photonics design platform improves product costs by bringing simplification and scale to the optical supply chain. It is expected to bring time-to-market and cost advantages to Nokia’s broad portfolio of networking solutions.

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