ExceLight Communications and Eudyna Devices U.S.A. to merge
JULY 10, 2009 -- ExceLight Communications and Eudyna Devices U.S.A. Inc., the North America sales and marketing arm of Eudyna Devices Inc., will merging into a single sales and marketing company named Sumitomo Electric Device Innovations U.S.A., Inc., on August 1, 2009.
JULY 10, 2009 -- ExceLight Communications (search Lightwave for ExceLight) and Eudyna Devices U.S.A. Inc., the North America sales and marketing arm of Eudyna Devices Inc. (search Lightwave for Eudyna), will merging into a single sales and marketing company named Sumitomo Electric Device Innovations U.S.A., Inc., on August 1, 2009.
Eudyna Devices began as a joint venture between Sumitomo Electric Industries (SEI; search Lightwave for Sumitomo Electric Industries) and Fujitsu. SEI acquired full control this past April. Market analyst OVUM/RHK identified SEI as the largest optical component supplier in the first quarter of this year.
Sumitomo Electric Device Innovations U.S.A. will aim to provide communication system equipment companies access to a broad array of optical and wireless communication products, technical expertise, and service and support. The combined companies believe they will be able to serve customers better through combined technologies, additional R&D resources, and the economies of scale of combined manufacturing operations.
The company will be structured around optical modules, optical devices, and wireless components.
"This is a merger of two leading optical and wireless product suppliers who have transformed the communications market with leading-edge innovations," says John Wyatt, current president of ExceLight and president and CEO of the new company. "Our value proposition is unparalleled service to systems equipment designers, with fixed and wireless solutions for the entire network. Our quality practices and results provide a true leadership benchmark to meet the ever-increasing high quality standards of our customers."
The new Sumitomo Electric Device Innovations U.S.A. touts a customer base of several hundred "leaders in their field" for fixed and wireless communications.
The new company will be headquartered in San Jose, CA, with product development in San Jose and sales and technical support in both San Jose and Durham, NC.
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