Cisco buys CoreOptics for $99 million
May 25, 2010 // Peter Clarke, EETimes.com
Networking giant Cisco Systems Inc. (San Jose, Calif.) has announced its intent to acquire privately-held CoreOptics Inc. (San Jose, Calif.) for $99 million in cash and other incentives.
CoreOptics was founded in 2001 and, although headquartered in San Jose,
has its main engineering resources in Nuremburg and Stuttgart, Germany.
The company develops and manufactures 10G and 40G modules and ICs for
The company raised more than $90 million from leading venture
capital investors including: Atila Ventures, Crescendo Ventures, GIMV,
High Tech Private Equity GmbH, Quest for Growth NV, T-Com, and TVM
Cisco said the acquisition of CoreOptics will enable it to
equip service provider customers with 100 gigabits per second
transmission technology to help scale their networks Cisco estimates
that global IP traffic will increase fivefold from 2008 to 2013 with a
40 percent compound annual growth rate.
The acquisition expands Cisco's optical presence in Europe, builds on
its existing European operations in Monza,Italy. CoreOptics has an
engineering team that has expertise in digital ASIC design, advanced
modulation formats, optical systems, applications and network
"With this acquisition, Cisco reinforces its commitment to continue to
invest in its core networking business and to deliver IP
next-generation networks at 100 Gbps and beyond," said Surya Panditi,
vice president and general manager of Cisco's service provider access
and transport technology group, in a statement.
The acquisition is subject to customary closing conditions and is expected to close in the second half of calendar year 2010
Wearable cameras is next boom market for image sensors
April 17, 2015
Annual shipments of wearable cameras will surpass 30 million units by 2020 according to market research firm Tractica.
Paper memory ready to roll
Acuity Brands targets precise indoor positioning sector
Automotive chip reliability: a matter of design methods
Could Electrolyte Genome accelerate search for battery winners?
2.1A LDO+ regulator with cable drop compensation
April 16, 2015
This video explores the LT3086, a new member of our LDO+ family. It provides many functions in addition to regulation. It ...
Newswatch: ARM seeks energy harvesting edge in IoT push
GPTG agrees global distribution deal with Digi-Key
ST's Crolles strike rumbles on
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
- Deciding if Automated Test is right for your Company
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.