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Molex Purchases Luxtera’s Silicon Photonics-based Active Optical Cable (AOC) Business; Partners on Future AOC Development

Dépèche transmise le 11 janvier 2011 par Business Wire

Molex Purchases Luxtera’s Silicon Photonics-based Active Optical Cable (AOC) Business; Partners on Future AOC Development

LISLE, Ill. & CARLSBAD, Calif.--(BUSINESS WIRE)--Molex Incorporated (NASDAQ:MOLX and MOLXA), a global leader in the high speed interconnect marketplace, today announced that it has completed the acquisition of Luxtera’s Active Optical Cable (AOC) business. Luxtera, the worldwide leader in Silicon CMOS Photonics, will transfer all aspects of its existing and future AOC business to Molex including current QSFP+ (Quad Small Form Factor Pluggable) 40Gbps Ethernet and InfiniBand products and customers. The acquisition immediately adds QSFP active optical cables to Molex’s portfolio of active optical connectivity products. The acquisition includes an exclusive agreement for Luxtera to develop and supply advanced chip-sets for future Molex products that are based on Luxtera’s silicon photonics technology, including next generation 14Gbps and four channel 25Gbps products for the 100Gbps Ethernet and InfiniBand markets. The companies will work together on future product planning to provide customers with leading edge interconnect solutions at 10Gbps, 14Gbps, 25Gbps, and faster data rates.

“This agreement is a milestone validating the growing commercial significance of Silicon Photonics”

According to Doug Busch, Vice President and General Manager of Molex’s Global Fiber Optic Products Group, this is a strategic acquisition that will help Molex boost its share of the global fiber optic assemblies market.

“The acquisition of Luxtera’s AOC business immediately adds QSFP+ 40Gbps products to our existing portfolio and further contributes to our tradition of innovation for our customers, allowing them to deliver high performance products,” Busch said. “We are very excited to be partnering with Luxtera on future AOC development because the combination of our interconnect expertise with Luxtera’s long reach, low power and low bit error rate optical solutions will enable us to offer the highest level of photonics integration and performance available.”

Greg Young, CEO, Luxtera said the new partnership aligns perfectly with the strategic direction and long term goals of both companies.

“This agreement is a milestone validating the growing commercial significance of Silicon Photonics,” said Young. “Luxtera will continue to accelerate its growth by focusing on our core Silicon Photonics technology platform, while at the same time expanding the reach of our technology to global markets and customers. Partnering with Molex will help us to bring the benefits of Silicon Photonics to customers worldwide.”

About Molex Incorporated

Providing more than connectors, Molex delivers complete interconnect solutions for a number of markets including data communications, telecommunications, consumer electronics, industrial, automotive, medical, military, lighting and solar. Established in 1938, the company operates 39 manufacturing locations in 16 countries. The Molex website is www.molex.com. Follow us at www.twitter.com/molexconnectors, watch our videos at www.youtube.com/molexconnectors, connect with us at www.facebook.com/molexconnectors and read our blog at www.connector.com.

About Luxtera:

Luxtera, Inc. is the world leader in Silicon CMOS Photonics. It is the first company to overcome the complex technical obstacles involved with integrating high performance optics directly with silicon electronics on a mainstream CMOS chip, bringing direct “fiber to the chip” connectivity to market. Headquartered in Carlsbad, California, Luxtera is a fabless semiconductor company that was founded in 2001 by a team of industry-renowned researchers and technology managers drawn from the communications and semiconductor industries. Luxtera has received funding from leading venture capitalists including August Capital, New Enterprise Associates, Sevin Rosen Funds and Lux Capital. More information can be found on the company's web site: www.luxtera.com.

Molex is a registered trademark of Molex Incorporated

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