Padtec S/A acquires Civcom

MARCH 7, 2008 � Lost amid the hoopla surrounding OFC/NFOEC last week was the February 26 announcement that Padtec S/A, a Brazilian provider of optical network product, has acquired Civcom Ltd., the Israeli optoelectronic module manufacturer.

MARCH 7, 2008 � Lost amid the hoopla surrounding OFC/NFOEC last week was the February 26 announcement that Padtec S/A (search for Padtec), a Brazilian provider of optical network product, has acquired Civcom Ltd. (search for Civcom), the Israeli optoelectronic module manufacturer.

Terms of the deal were not disclosed.

Civcom's product line includes a variety of high data rate tunable transponders with integrated optical dispersion compensation technologies and manageable dispersion compensator modules (MDCM). The company has targeted such markets as telecom, military, research, avionics and medical/biotechnology.

Padtec offers passive and active equipment, ranging from metallized lense fibers to transponders, amplifiers, WDM systems, and GPON platforms. The Civcom acquisition came about as a consequence of Padtec's international expansion strategy and follows the opening of new branch offices in Argentina, Colombia, and Mexico.

Jorge Salomão Pereira, CEO and head of the Technology Division at Padtec, said, "The Civcom acquisition is much more than a typical company acquisition. It represents a great opportunity to offer competitive solutions to the high-speed optical communication market. "

Meron Raz, Civcom CEO, added, "After Padtec's investment, Civcom will increase its worldwide market share and will add leading knowledge and more capability into our modules' features."

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