Svedice AB announces new investor

April 27, 2007
APRIL 27, 2007 -- SFO Technologies will join Svedice's existing Swedish investor consortium as a co-investor.

APRIL 27, 2007 -- Järfälla, Sweden-based Svedice AB, European provider of customized InP-semiconductor foundry solutions, has announced the signing of an investment agreement with SFO Technologies, a NeST Group company with products and services in diverse technology fields, including embedded software, middleware, digital electronics, RF and wireless, wire harness, power supplies, fiber optics and optronics, and mechanical/plastic packaging.

According to Dr. Dirk Sinerius, CEO of Svedice AB, SFO Technologies will join Svedice's existing Swedish investor consortium as a co-investor. "We are very pleased about their decision [to] invest in the company's future," he says. "Supported by the SFO Technologies' sales force, we'll be able [to] expand our customer base and grow our business significantly at a much higher pace. On the operational side, we have already a well-established, close bi-lateral partnership," Sinerius adds. "SFO [is] our customer for laser and receiver products and our outsourcing partner for volume manufacturing of chip-on-carriers."

Mr. Javad (Jay) Hassan, chairman of the NeST group, reports that SFO is "very focused on the optical communications industry. I want Svedive to become the center of our optical business unit within SFO Technologies," he says. "The demand for opto-electronic devices will increase, and SFO Technologies will definitely be a major player in this market."

Building on a business that dates back to Ericsson Micoelectronics, Svedice AB delivers laser and receiver products, including Telcordia-qualified DFB-EA, DFB, APD, and PIN devices. The company offers both semiconductor processing services as well as process design. For wafer- and chip-on-carrier-processing, Svedice offers services like III-V epitaxial growth, materials characterization, e-beam writing, lithography, etching, metallization, and testing.


Visit Svedice AB

Sponsored Recommendations

New Optical Wavelength Service Trends

July 1, 2024
Discover how optical wavelength services are reshaping the telecom landscape, driven by rapid expansion and adoption of high-speed connections exceeding 100 Gbps, championed by...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

AI’s magic networking moment

March 6, 2024
Dive into the forefront of technological evolution with our exclusive webinar, where industry giants discuss the transformative impact of AI on the optical and networking sector...

ON TOPIC: Innovation in Optical Components

July 2, 2024
Lightwave’s latest on-topic eBook, sponsored by Anritsu, will address innovation in optical components. The eBook looks at various topics, including PCIe (Peripheral...