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
Smartphone-based patient monitoring is set to impact medical equipment OEMs
June 17, 2013
Patient monitoring and diagnosis equipment is being transformed, undergoing a profound change that will severely disrupt ...
Excelsys with IMCA Electronics for distribution in Turkey
Smartphone demand makes Spreadtrum guidance soar
Teseq EMC test facility expands field probe calibration service
Revised IEEE 1149.1 'JTAG' standard should reduce IC design costs through test re-use
Will graphene supercapacitors be the best?
June 17, 2013
Black magic has a new meaning. It is the sub-optimal way most supercapacitors rely on soot from burnt coconut shells and ...
Saft wins multi-million dollar contract for Li-ion batteries to power SES-9 satellite
Imec and Renesas Electronics reveal world's first multi-standard RF receiver in 28nm CMOS
Field test of IPv6 wireless mesh communication at Norway's Smart Grid centre
InterviewSilica moves to fast lane in Europe's LED market
In the booming market for LED lighting, electronics distributor Silica intends to lead the pack by offering technological excellence at application level. The company is currently planning to offer tailor-made ...
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
The SoCKIT evaluation kit is Arrow's latest development tool, featuring an Altera Cyclone V SoC with a dual-core ARM Cortex-A9 MPCore processor integrated within its 28nm FPGA fabric.
Altera SoCs allow embedded system developers to differentiate their end product with customized hardware and software, and extend the product lifecycle through hardware and software updates in the field. This month, Arrow Electronics is giving away five SoCKIT evaluation kits featuring Altera’s ARM-Based SoCs, worth €249 each, together with the free entrance to one of Arrow’s SoC workshops organized throughout Europe.
And the winners are...
In our previous reader offer, Freescale Semiconductor was giving away five IMX6Q, Sabre-lite kits, worth £128.06 each.
Lucky winners include Mr. X. Salada Sole from the UK, Mrs A. Peric from Germany, Mr Z. Janosy from Hungary, Mr D. Gacina from Croatia and Mr B. Boris from France. All should be receiving their packages soon. Let's wish them some interesting findings with their projects.
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.