Xanoptix acquires AraLight

20 January 2004 Merrimack, NH Lightwave--Semiconductor manufacturer Xanoptix, which specializes in chip hybridization and high density parallel optics, announced that it has completed the acquisition of AraLight, a manufacturer of high density opto-electronic components.

Jan 20th, 2004

20 January 2004 Merrimack, NH Lightwave--Semiconductor manufacturer Xanoptix, which specializes in chip hybridization and high density parallel optics, announced that it has completed the acquisition of AraLight, a manufacturer of high density opto-electronic components. This acquisition strengthens Xanoptix's multichip hybridization and parallel optics intellectual property portfolio and consolidates its leadership in high-channel density 850-nm parallel optics transceivers. Xanoptix received all the rights to AraLight's issued, pending and assigned patents and trademarks, and product designs.

AraLight, a spinout of Bell Labs, was formed in 2001 and together with Xanoptix commercialized chip hybridization technology for highly dense optical transceivers.

"We are pleased to be able to continue the innovative concepts brought forth by AraLight and combine them with our own to greatly reinforce our leadership position in this exciting breakthrough technology," said Rob Baxter, chief executive of Xanoptix.

"Xanoptix has demonstrated its ability to bring hybridization and advanced parallel optics to reality and we are pleased to combine forces to establish clear leadership in the marketplace," said Steve Socolof of New Venture Partners, LLP, founding investor in AraLight.

Xanoptix is commercializing a new approach to semiconductor manufacturing--chip level direct die-to-die interconnection of integrated circuits, allowing system designers a modular building block approach for chip level solutions. Utilizing this hybrid integrated circuit technology to combine silicon integrated circuits and compound semiconductors, Xanoptix offers cost-effective die integration services to component and system owners, and also designs and manufactures its own optical connection products for next generation data links and optical communication applications.

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