December 11, 2008--GigOptix Inc. (Palo Alto, CA) has officially begun trading as a public entity with the stock symbol GGOX.OB on the OTC Bulletin Board. The move follows a year of momentous changes. The fabless manufacturer offers a broad portfolio of high-speed devices including polymer electro-optic modulators, modulator drivers, laser drivers and TIAs for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G.
GigOptix LLC was launched in July 2007, by acquiring the assets of iTerra Communications, which developed high speed serial drivers, and quickly made a name for itself in the optical communications market. In January of 2008, GigOptix LLC acquired Helix Semiconductors in Zurich, Switzerland. Helix's core competency was based in its designs of parallel transimpedance amplifiers (TIAs) and VCSEL driver chip sets. Using this technology, combined with its high-speed drivers, GigOptix LLC became one of the few companies to offer a family of high speed optical physical media dependant (PMD) ICs covering serial and parallel communication technologies from 1G to 100G.
Soon after, in March 27, 2008, GigOptix LLC entered into a definitive agreement to merge with Lumera Corporation. Lumera developed high-performance optical modulators using electro-optic polymer materials. The company used its core competency in nano-engineering to develop modulators that boast some of the fastest switching speeds with the lowest drive voltages in the industry, enabling system integrators to overcome serious problems while designing systems that will keep up with an ever increasing demand for bandwidth. On December 4th, the stockholders of Lumera approved the merger that created GigOptix, Inc.
GigOptix says it is now pioneering technology to drive electro-optic polymer modulation. "This technology is revolutionary and the key for the high speed efficiency that is desperately needed in this market of ever-increasing bandwidth," the company says. The GigOptix team's experience in the commercialization of high performance integrated circuits will be used to bring the polymer modulators and other new electronic components to market.
"The balanced combination of innovation, execution and a secure growth engine, allows us to continue growing GigOptix's business in a constant rate, both organically, through generating business and revenue to return on the development investments, and by strategic acquisitions," said Dr. Avi Katz CEO and Chairman of the Board of GigOptix.
GigOptix will hold a celebratory open house on February 27, 2009 from 10:00am to 12:00pm. Dr. Katz explains that, "we are striving to enhance transparency in our business, as well as the involvement of our stockholders. This will be the first open house hosted by GigOptix where we will share with our stockholders our business thoughts, directions, and establish an open dialogue regarding the best practices to prevail through this challenging economy, and come out of the down-turn stronger and well established in the industry." More details pertaining to this open house will be released as we near the event date.
For more information, see visit the GigOptix website.
Posted by Barbara G. Goode, [email protected].