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Agilent unit invests in opto-solutions provider

Posted: 27 Aug 2002 ?? ?Print Version ?Bookmark and Share

Keywords:Agilent Ventures? optoelectronic interface solutions?

Agilent Ventures (AV), a business unit of Agilent Technologies Inc., has participated in the Series B-1 Preferred Stock funding round for Big Bear Networks Inc., a privately held company that designs and manufactures integrated optoelectronic interface solutions for next-generation optical transmission.

"We are delighted to have gained a strategic investment partner with expertise across a wide range of communication technologies, from test equipment to optical networking," said Mark Thompson, president and CEO of Big Bear. "The synergies between the two companies offer significant possibilities for moving beyond our funding relationship into a longer-term, mutually beneficial technology partnership."

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