Molex Purchases Luxtera’s Silicon Photonics-based Active Optical Cable (AOC) Business; Partners on Future AOC Development
January 11 2011 - 8:07AM
Business Wire
Molex Incorporated (NASDAQ:MOLX and MOLXA), a global leader in
the high speed interconnect marketplace, today announced that it
has completed the acquisition of Luxtera’s Active Optical Cable
(AOC) business. Luxtera, the worldwide leader in Silicon CMOS
Photonics, will transfer all aspects of its existing and future AOC
business to Molex including current QSFP+ (Quad Small Form Factor
Pluggable) 40Gbps Ethernet and InfiniBand products and customers.
The acquisition immediately adds QSFP active optical cables to
Molex’s portfolio of active optical connectivity products. The
acquisition includes an exclusive agreement for Luxtera to develop
and supply advanced chip-sets for future Molex products that are
based on Luxtera’s silicon photonics technology, including next
generation 14Gbps and four channel 25Gbps products for the 100Gbps
Ethernet and InfiniBand markets. The companies will work together
on future product planning to provide customers with leading edge
interconnect solutions at 10Gbps, 14Gbps, 25Gbps, and faster data
rates.
According to Doug Busch, Vice President and General Manager of
Molex’s Global Fiber Optic Products Group, this is a strategic
acquisition that will help Molex boost its share of the global
fiber optic assemblies market.
“The acquisition of Luxtera’s AOC business immediately adds
QSFP+ 40Gbps products to our existing portfolio and further
contributes to our tradition of innovation for our customers,
allowing them to deliver high performance products,” Busch said.
“We are very excited to be partnering with Luxtera on future AOC
development because the combination of our interconnect expertise
with Luxtera’s long reach, low power and low bit error rate optical
solutions will enable us to offer the highest level of photonics
integration and performance available.”
Greg Young, CEO, Luxtera said the new partnership aligns
perfectly with the strategic direction and long term goals of both
companies.
“This agreement is a milestone validating the growing commercial
significance of Silicon Photonics,” said Young. “Luxtera will
continue to accelerate its growth by focusing on our core Silicon
Photonics technology platform, while at the same time expanding the
reach of our technology to global markets and customers. Partnering
with Molex will help us to bring the benefits of Silicon Photonics
to customers worldwide.”
About Molex Incorporated
Providing more than connectors, Molex delivers complete
interconnect solutions for a number of markets including data
communications, telecommunications, consumer electronics,
industrial, automotive, medical, military, lighting and solar.
Established in 1938, the company operates 39 manufacturing
locations in 16 countries. The Molex website is www.molex.com.
Follow us at www.twitter.com/molexconnectors, watch our videos at
www.youtube.com/molexconnectors, connect with us at
www.facebook.com/molexconnectors and read our blog at
www.connector.com.
About Luxtera:
Luxtera, Inc. is the world leader in Silicon CMOS Photonics. It
is the first company to overcome the complex technical obstacles
involved with integrating high performance optics directly with
silicon electronics on a mainstream CMOS chip, bringing direct
“fiber to the chip” connectivity to market. Headquartered in
Carlsbad, California, Luxtera is a fabless semiconductor company
that was founded in 2001 by a team of industry-renowned researchers
and technology managers drawn from the communications and
semiconductor industries. Luxtera has received funding from leading
venture capitalists including August Capital, New Enterprise
Associates, Sevin Rosen Funds and Lux Capital. More information can
be found on the company's web site: www.luxtera.com.
Molex is a registered trademark of Molex Incorporated
Other trademarks referenced in this release are the property of
their respective owners
Molex Incorporated - Class A (MM) (NASDAQ:MOLXA)
Historical Stock Chart
From Jul 2024 to Aug 2024
Molex Incorporated - Class A (MM) (NASDAQ:MOLXA)
Historical Stock Chart
From Aug 2023 to Aug 2024