BrPhotonics is Set to Provide Advanced
High-Speed Components for Optical Communications Utilizing Silicon
Photonics (SiPh) and Thin Film Polymer on Silicon
(TFPSTM) Technologies to Advance 100Gbps to 1Tbps
Fiber-Optic Long Haul, Metro Links and Cloud-connectivity in CFP2
and CFP4 Applications
GigOptix, Inc. (NYSE MKT: GIG), a leading supplier of advanced
high speed semiconductor components for use in long haul and metro
telecom, Cloud connectivity, data centers, consumer electronics
links and interactive applications, through optical and wireless
communications networks, today jointly announced with CPqD, a
leading Brazil-based research center organization focused on
Information and communication technologies with solid activities on
optical communications at systems and devices level, the
signing of definitive agreements to incept a newly established
joint venture company named BrPhotonics Produtos Optoeletrônicos
LTDA. (BrP), headquartered in Campinas, Brazil.
Both partners will transfer into BrPhotonics their
knowledge-base and intellectual property of current existing
technologies, and will jointly work through the partnership to
enhance, develop, and commercialize advanced products based on
these technologies. GigOptix will transfer to Brazil its Thin Film
Polymer on Silicon (TFPSTM) technology, inventory related to
the TFPSTM platform, as well as the complete production line
equipment currently residing at its Bothell, Washington, facility.
CPqD will transfer to BrPhotonics its Silicon Photonics (SiPh)
technology, optical packaging expertise and design and testing
capabilities. In addition, CPqD will provide space for the
BrPhotonics corporate headquarters and the funding for the
BrPhotonics operations.
Business Structure
The ownership of BrPhotonics will be split between the
companies, with CPqD controlling a 51% share and the remaining 49%
controlled by GigOptix. BrPhotonics will be managed by a team that
will be comprised of three Officers, and four Board of
Directors. The Board of Directors of BrPhotonics will include two
representatives from GigOptix and two representatives from CPqD,
and will be initially chaired by GigOptix Chairman of the Board of
Directors and Chief Executive Officer Dr. Avi Katz. BrPhotonics
will launch operations immediately and will announce shortly the
nominated executives and board members.
GigOptix will act as BrPhotonics’ global exclusive sales and
marketing agent for all its products, except in Brazil, where the
sales will be done directly by BrPhotonics. BrPhotonics will enable
GigOptix to extend its business footprint in Brazil through access
to BrPhotonics’ regional office and sales force.
BrPhotonics’ headquarters will be located within the CPqD
campus. Logistics of the transfer of equipment and IP to
BrPhotonics facility will begin immediately. For sales inquiries
please contact Sales@gigoptix.com or
www.brphotonics.com.
“Today we are honored and delighted to announce the joint
venture partnership between GigOptix and CPqD to form BrPhotonics,”
said Dr. Avi Katz, Chairman and Chief Executive Officer of
GigOptix, Inc. “The creation of BrPhotonics is another innovative
business strategy from GigOptix to gain access to advanced
technologies and partner with some of the most highly skilled
technical teams in the world. This latest agreement follows our
long history of similar access to new technologies, including when
GigOptix licensed the Silicon Germanium Millimeterwave Technology
from IBM for E-band chipsets in June 2012, and several successful
corporate acquisitions. More so, with the inception of BrPhotonics,
GigOptix is setting a new and solid foothold in Brazil which is one
of the fastest growing markets for our entire high-speed
communications devices portfolio, as part of our global reach
enhancement.”
“CPqD is delighted to announce the creation of BrPhotonics as a
strategic step to increase photonic companies’ ecosystem in
Brazil,” said Mr. Helio Graciosa, CEO of CPqD. “BrPhotonics
creation represents an opportunity to reach the market with the
latest advances in integrated photonics developed at CPqD in last
years, supported by Brazilian Government (Ministry of
Communications/FUNTTEL and Ministry of Science,
Technology and Innovation/FINEP). The complementary R&D
activities between CPqD and GigOptix are key drivers to BrPhotonics
roadmap and future products.”
“This partnership leverages expertise from GigOptix and CPqD to
bring small form factor Thin Film Polymer on Silicon (TFPSTM)
modulation devices and Silicon Photonics (SiPh) based products to
the market in the fastest and most efficient manner. CPqD brings a
wealth of silicon photonics knowledge, device designs, optical
device packaging, and world renowned systems capability to the
partnership, and GigOptix reciprocates with our
well-developed TFPSTM technology and our world-wide deep
commercialization reach. GigOptix will continue to enhance our
fabless, process-agnostic business model and to focus our efforts
on the design and commercialization of semiconductor devices for
high speed communication links. This enables information streaming,
end-to-end, over the network from the content generator and into
the end-user appliances,” said Dr. Avi Katz.
“We are honored to sign the BrPhotonics joint venture
partnership with GigOptix. BrPhotonics has been launched with a
great technological capability with the advanced Thin Film Polymer
on Silicon technology from GigOptix and Silicon Photonics
technology from CPqD. We are also pleased with the strong support
that we have received from the Brazilian government in the
formation of BrPhotonics. The business plan for BrPhotonics that
has been put together with CPqD and GigOptix represents a
significant development opportunity for new optical components,
reference platforms, and technologies,” said Mr. Helio
Graciosa.
Business Partnership
BrPhotonics’ roadmap will include a 100Gbps DP-QPSK TOSA and
ROSA for CFP2 form factor reference platforms with the integration
of a TFPSTM modulator today. Future products are expected
to include the development of a next generation 100Gbps to 1Tbps
TOSA and ROSA for CFP4 form factor reference platforms utilizing
Silicon Photonics components. The TFPSTM technology is an
excellent zero-chirp medium for electro-optical modulation and
capable of very high data rates in advanced linear and multi-level
modulation systems. Silicon Photonics has many potential advantages
including longer optical link distances, lower power and cost, and
smaller form factors. These technology advantages may enable novel
communications architectures and platforms to address capacity
concerns with growing cloud services, entertainment on-demand, and
big data processing.
In the January 2014 MarketsandMarkets report, Silicon
Photonics Market by Products (Silicon Optical Interconnects &
Wavelength Division Multiplexer Filters & Others), Applications
(Telecommunication, Datacom, High Performance Computing &
Others) & Geography – Analysis & Forecast (2013-2020), the
Silicon Photonics global market revenue is estimated to grow from
$88.66 million in 2013 to $410.78 million in 2020 at a CAGR of
24.5%. According to this market research report, this growth will
be led by the telecom and datacom applications market for Silicon
Photonics products. The report also projects that the Silicon
Photonics applications in the high performance computing sector are
expected to grow rapidly in the coming seven years with a CAGR of
48%.
BrPhotonics’ products will utilize
sophisticated TFPSTM and SiPh technologies to
advance 100Gbps to 1Tbps fiber-optics long haul, metro links and
cloud connectivity. BrPhotonics’ unique portfolio of small form
factor components will address CFP2 and CFP4 applications by
enabling greater network capacity through superior linearization,
multi-level modulation, and other advanced techniques.
Demonstration at OFC
BrPhotonics will showcase a 100Gbps TOSA for CFP2 reference
design at OFC2014, scheduled for March 11-13, 2014, in San
Francisco, Calif., at the GigOptix’s Booth (Booth #1531).
About BrPhotonics Produtos Optoeletrônicos LTDA.
(BrP)
BrPhotonics is a leading provider of advanced
high-speed devices for optical communications and integrated
transceiver components that enable information streaming over
communication networks. The products utilize sophisticated
technologies such as Silicon Photonics (SiPh) and Thin Film Polymer
on Silicon (TFPSTM) to advance the 100Gbps to 1Tbps fiber-optics
long haul, metro links and cloud connectivity. BrPhotonics’ unique
portfolio of small form factor components addresses CFP2 and CFP4
applications by enabling a greater network capacity through
superior linearization, multi-level modulation, and other advanced
techniques.
About CPqD
CPqD is an independent institution, focused on innovation
in information and communication technologies (ICTs). The solutions
of the contributing authors are used by businesses and institutions
in Brazil and internationally in sectors such as
telecommunications, utilities, financial, industrial, public
administration and defense and security. Operating for 37 years,
CPqD has more than 1,300 highly trained professionals, recognized
for their creativity and commitment to high quality standards.
Today CPqD has the largest program of R&D in Latin
America, partially supported by Brazilians R&D
Funds, in its area of operation and aims to contribute to
Brazil's competitiveness and digital inclusion society leading to
market product technologies, mission-critical systems and
technology services and consulting that benefit large and small
businesses, increasing efficiency, and leveraging these business
entrepreneurship in Brazil.
About GigOptix, Inc.
GigOptix is a leading fabless supplier of high speed
semiconductor components that enable end-to-end information
streaming over optical and wireless networks. The products address
long haul and metro telecom applications as well as emerging
high-growth opportunities for Cloud and data centers connectivity,
and interactive applications for consumer electronics. GigOptix
offers a unique broad portfolio of Drivers and TIAs for 40Gbps,
100Gbps and 400Gbps fiber-optic telecommunications and
data-communications networks, and high performance MMIC solutions
that enable next generation wireless microwave systems up to 90GHz.
GigOptix also offers a wide range of digital and mixed-signal ASIC
solutions and enables product lifetime extension through its
GigOptix Sunset Rescue Program.
Forward-Looking Statements
This press release contains forward-looking statements of
GigOptix within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including the acts to be conducted to continue
with the formation and operation of BrPhotonics and the bringing of
products to market with full documentation. Such statements contain
words such as "will," and "expect," or the negative thereof or
comparable terminology, and include (without limitation) statements
regarding the plans for BrPhotonics and its relationship with
GigOptix. Forward-looking statements involve certain risks and
uncertainties, and actual results may differ materially from those
discussed in any such statement. These risks include, but are not
limited to: the ability to extend product offerings into new areas
or products, the ability to commercialize technology, unexpected
occurrences that deter the full documentation and "bring to market"
plan for products, trends and fluctuations in the industry, changes
in demand and purchasing volume of customers, unpredictability of
suppliers, the ability to move product sales to production levels,
the ability to compete for client design-in opportunities, the
ability to cross-sell to new clients and to diversify, the success
of product sales in new markets or of recently produced product
offerings, including bundled product solutions, and the ability of
the partners to BrPhotonics to work together in furtherance of its
operational objectives. Additional factors that could cause actual
results to differ are discussed under the heading "Risk Factors"
and in other sections of the GigOptix' filings with the SEC, and in
its other current and periodic reports filed or furnished from time
to time with the SEC. All forward-looking statements in this press
release are made as of the date hereof, based on information
available to GigOptix as of the date hereof, and GigOptix assumes
no obligation to update any forward-looking statement.
Media:GigOptix, Inc.Dr. Josh Nakaska, 408-522-3172Marketing
Directorjnakaska@gigoptix.comorInvestor Relations:Darrow
Associates, Inc.Jim Fanucchi, 408-404-5400ir@gigoptix.com
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