May 18, 2006 Shanghai, China -- Siemens has announced the signing of an agreement to acquire Photonic Bridges, headquartered in Shanghai, China. Subject to approval from the appropriate authorities and governing boards, Siemens will integrate the previous OEM partner's entire optical product portfolio into its optical transmission systems.
With over 300 employees, Photonic Bridges develops optical transmission systems for ranges up to 200 km, with a focus on next-generation SDH. The total market volume worldwide for optical next-generation SDH systems is currently some 2.3 billion euros and will, according to Ovum RHK, increase to 3.1 billion euros by 2010.
According to Christian Unterberger, head of fixed network business at Siemens Communications, "Photonic Bridges is one of the leading companies in the SDH market. With our commitment to Photonic Bridges, we are expanding our development capacity in forward-looking areas and securing our access to those products that offer our customers significant added value."
James Hsu, CEO of Photonic Bridges, adds: "The team at Photonic Bridges is looking forward to becoming a part of Siemens. Together with Siemens, we are in an excellent position to set the stage for above-average growth in this extraordinarily dynamic market."