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Xanoptix completes AraLight acquisition

Posted: 22 Jan 2004 ?? ?Print Version ?Bookmark and Share

Keywords:xanoptix? aralight? optoelectronic components? multichip? optics transceivers?

Xanoptix Inc. has completed the acquisition of AraLight Inc., a manufacturer of optoelectronic components. This acquisition strengthens Xanoptix's multichip hybridization and parallel optics intellectual property portfolio and consolidates its position in high-channel density 850nm parallel optics transceivers industry.

"We are pleased to be able to continue the innovative concepts brought forth by AraLight and combine them with our own to greatly reinforce our leadership position in this exciting breakthrough technology," said Rob Baxter, CEO of Xanoptix.

"Xanoptix has demonstrated its ability to bring hybridization and advanced parallel optics to reality and we are pleased to combine forces to establish clear leadership in the marketplace," said Steve Socolof of New Venture Partners, LLP, founding investor in AraLight.

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