Volex buys active optical technology from Applied Micro Circuits

Volex has acquired active optical technology from Applied Micro Circuits Corporation for 2 million dollars, the company announced Tuesday.

Volex has acquired active optical technology from Applied Micro Circuits Corporation for 2 million dollars, the company announced Tuesday.

Volex - a provider of electrical, digital and optical connections - said Applied Micro agreed to a five-year non-compete for the marketing and sale of active optical cables, transceivers, modules and related assemblies.

They will share ownership of the associated active optical patent portfolio, allowing each company to develop the technologies.

Applied Micro - which focuses in computing and connectivity solutions - has been developing the technology for three years. The company said it had to overcome the cost and complexity of the project.

George Jones, Vice President of marketing and business development for connectivity solutions at AppliedMicro, said: "We chose Volex to take the platform forward due to its strong focus on the active optical cable space and extensive customer relationships in data-centre markets.

"We look forward to working with Volex as it accelerates and furthers the development of the technology and manufacturing of an innovative product set to complement our own initiatives in semiconductor technology and networking."

The transaction will help Volex enter into the emerging multi-billion dollar optical interconnect market for high-speed data applications in data centres, telecommunications, healthcare, consumer and industrial markets.

Volex Chief Executive Officer, Ray Walsh, said: "Our data-centre and telecommunications customers have been asking for a cost-effective high speed optical solution to replace legacy copper interconnects.

"The technology and expertise we have acquired from Applied Micro will provide Volex with a unique platform to develop and deliver reliable, low-power, competitive active optical solutions, including active optical cables and transceivers, into all of our sectors.

"The joint ownership of the patent portfolio will provide a foundation for a continuing close cooperation with Applied Micro in product development, sales and marketing activities."

RD

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

The rising dollar is proving bad news for most other assets – will it last?
Investment strategy

The rising dollar is proving bad news for most other assets – will it last?

Precious metals, stocks and pretty much every other asset has taken a tumble as the US dollar strengthens. Dominic Frisby looks at how long this trend…
23 Sep 2020
The electric-car bubble could get an awful lot bigger from here
Renewables

The electric-car bubble could get an awful lot bigger from here

The switch to electric cars is driving a huge investment bubble. But that’s not necessarily a bad thing, says John Stepek. Fortunes will be made and l…
24 Sep 2020
Why you should stuff your end-of-pandemic portfolio with Chinese stocks
China stockmarkets

Why you should stuff your end-of-pandemic portfolio with Chinese stocks

For an end-of-pandemic portfolio, you need assets that can cope with today’s volatility. And that, says Merryn Somerset Webb, means Chinese stocks.
14 Sep 2020