Hatteras Networks taps GigOptix for ASIC design

JUNE 16, 2010 -- Ethernet equipment developer Hatteras Networks has selected GigOptix for a next-generation ASIC design. Details of the ASIC were not released.

JUNE 16, 2010 -- Ethernet equipment developer Hatteras Networks has selected GigOptix (OTC Bulletin Board: GGOX) for a next-generation ASIC design. Details of the ASIC were not released.

Mark Ventura, vice president of hardware engineering at Hatteras Networks, stated, "This partnership with GigOptix provides Hatteras with ASIC technology that significantly reduces the power consumption required and enhances the feature set for Hatteras products and solutions. GigOptix’s technology provides Hatteras with additional advantages to address the demanding technical requirements of service providers.”

“We are delighted that Hatteras Networks has chosen to use our ASIC solution in their systems,” commented Padraig O’Mathuna, vice president of marketing of GigOptix. “Hatteras Networks is a market leader in Carrier Ethernet solutions, and this win demonstrates that GigOptix not only has differentiated technology in high-speed optical communication, but also provides advanced solutions for the complex digital circuitry required within network equipment.”

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