CyOptics buys CENiX's manufacturing division

25 February 2003 -- CyOptics Inc., Waltham MA, a developer of InP-based optical components, has acquired the packaging capabilities of assembly and test company CENiX Inc.

Feb 24th, 2003

25 February 2003 -- CyOptics Inc., Waltham MA, a developer of indium phosphide-based optical components, has acquired the optical component packaging capabilities of CENiX Inc, a leader in the automated assembly and test of optoelectronic subsystems.

The purchase includes the component package design technology and automated manufacturing capability based in Allentown, PA. CENiX, founded in June 2000, has developed an automated manufacturing facility that leverages intelligent software and ultra-high precision hardware for low-cost and uniform production of optoelectronic components of over 10,000 components per month.

"We believe that in order to turbo-charge this industry, our customers require large scale device integration and a halving of current prices, in their overall supply chain. This consolidation gives us the technology and low cost structure to meet customer needs", said John Pilitsis, President and CEO of CyOptics.

CyOptics said it has gained the ability to provide a wide selection of components, including cooled and uncooled DFB lasers, electro-absorption modulated lasers, and PIN and APD receivers. Also, it can supply customised parts for high volume applications, including lasers and detectors for small form factor transponders and transceivers.

"CENiX has created over the past two years a state-of-the-art manufacturing capability for optoelectronic subsystems," said Anders Olsson, COO and CTO of CENiX Inc. "We welcome the opportunity to leverage this unique capability in the much larger market space for optoelectronic components."

The purchase includes the acquisition of all capital equipment, inventory and intellectual property in the CENiX package development and manufacturing facility in Allentown, PA. In addition, CyOptics has hired the core manufacturing technical team of CENiX. CENiX retains the optoelectronic subsystem design and intellectual property assets that are part of the Irvine, CA operation.

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