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
Virtual reality: a real driver for GPUs, says ARM
October 06, 2015
AMD has just announced its collaboration with Oculus and Dell to equip Oculus Ready PCs with AMD Radeon GPUs. The beefed ...
Lossy Adesto preps IPO
u-blox and Cohda Wireless partner on V2X
Elon Musk targets high-volume solar panel dominance
Volvo shows user interface for self-driving cars
Volkswagen has given engineering a black eye
October 05, 2015
Bill Schweber ponders the mess Volkswagen has got themselves in and considers the risk you will not be able to trust the ...
MEMS platforms are way to go, says Bosch's Finkbeiner
Put FPGAs in your SoCs
Daimler tests self-driving truck on public highway
- Determine Balancing Current for the LTC3305 Lead-Acid Battery Balancer
- 3 Ways to Simplify Medical Device Testing
- Thread Networking Protocol Simplifies Connecting “Things” in the Home and Beyond
- High Voltage CMOS Amplifier Enables High Impedance Sensing with a Single IC
InterviewMEMS platforms are way to go, says Bosch's Finkbeiner
In the two years since we last interviewed Stefan Finkbeiner, CEO of Bosch Sensortec, the company has taken over from STMicroelectronics as the leading global supplier of MEMS components. Here he explains ...
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, LabNation is giving away three of its SmartScope open source USB oscilloscopes, worth 229 Euros each, for EETimes Europe's readers to win.
Successfully funded through Kickstarter last year, the SmartScope is claimed to be the world's first test equipment designed to run on multiple operating systems and platforms such as smartphones, tablets and PCs. It is powered directly from... 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.