NEWS & BUSINESS
Inphi Corporation has announced an agreement to sell its memory product business to Rambus Inc. for $90 million. The sale is expected to close in the first half of Q3 2016, the company said that the transaction will enable it to “focus its attention on the growing opportunity in the communications markets”. Inphi will focus on expansion in the metro- optical market, inter data center connects and on its PAM product lines inside business to Rambus for $90million Inphi announces sale of its memory
Cisco prepares networking industry for ‘transformation’ to digital-ready networks
the data center. “The strategic divestiture of our memory business allows Inphi to focus on and increase investments in our communications business,” said Ford Tamer, president and CEO of Inphi. “It is a win-win for our employees, customers, partners and stockholders. We are planning to double down on our product roadmap for long-haul, metro, inter-data center and intra-data center customers.” In April 2016, Inphi announced “record” first Quarter results, including 12% year-over-year revenue growth and 17% year-over- year non-GAAP earnings per share growth. Revenue in the first quarter of 2016 was a record $66.5 million on U.S. generally accepted accounting principles, up 3.3% sequentially from $64.4 million reported in Q4 2015 and up 12% year-over-year, compared with $59.2 million in Q1 2015. optical switches, which, in contrast to conventional electrical/optical switches, do not convert the signals but control them purely optically. These switches allow for faster switching speeds and the industry’s lowest optical loss, the company claims. Huber+Suhner commented, “These innovative solutions are unique in the market and promise a large potential for the future. The products allow the efficient management of ever- increasing data volumes and support are a key building block in the evolution towards software-defined networks. This product portfolio thus represents a perfect addition to our existing product range. Polatis will form a business unit within our Fibre Optics
security attacks and growing customer expectations.” Cisco said it realised that traditional networks simply could not scale to meet the increasing demands of the digital business and a new network was needed for the digital era. “Organisations need to address the expanding threat landscape across mobility and cloud, while facing increasingly sophisticated security attacks. With DNA, Cisco is reinventing how we secure networks for the digital era by embedding advanced security capabilities
Communications giant Cisco has announced it will help engineers, developers, partners and customers embrace a dramatic change in how networks are built and managed — preparing the industry for the transition to digital-ready networks. In March 2016, Cisco launched the Digital Network Architecture (Cisco DNA), designed to be a new approach to networking designed for the digital era. The company explained, “As customers embrace mobility, cloud, analytics and the Internet of Things to digitise their business, IT teams are struggling to keep up with the ever- increasing complexity of the network, sophistication of USA, Cambridge/UK and Krakow/Poland. Product management, research, development, prototyping and low-volume production are all performed in England whilst high volume production takes place in Poland. The arm of the company based in the USA concentrates on sales. In the last financial year the company generated a turnover of about USD 13 million, mainly in the USA. Urs Kaufmann, CEO of Huber+Suhner, explains that the Polatis portfolio represents an excellent strategic complement to the Huber+Suhner product range: “Polatis’ pioneering technology strengthens our position as the leading innovator in the field of fibre optics. In our interconnected world digitalisation continues at a furious pace, and volumes of data are growing exponentially. division. “ Founded in 2000, Polatis now has some 110 employees at its sites in Bedford, MA/
into a single network architecture” says Jeff
Reed, Senior Vice President, Networking Infrastructure and Solutions at Cisco.
Huber+Suhner acquires optical networks developer Polatis
The Polatis technology enables these huge data streams to be managed speedily, efficiently and securely. Huber+Suhner will further invest into Polatis and we expect to see a breakthrough in the data centre market and a positive financial contribution within the next 2 to 3 years. We are pleased that we can count on the full commitment of the complete Polatis management team as we continue to develop the company. “ Gerald Wesel, CEO of Polatis, commented, “We recently launched our 384×384 switch, which is the largest available network switches; in so doing Polatis has confirmed its leading position in the field of optical switches. Thanks to the global presence, the size and excellent reputation of Huber+Suhner, we are now able to position our technology more widely in the market. In strategic terms, Polatis and Huber+Suhner represent a perfect fit.”
Swiss diverse photonics company Huber+Suhner has signed the contracts to take over Polatis, a group headquartered in Bedford, MA (USA) and Cambridge, UK, with $13 million sales and 110 employees. Polatis develops, produces and sells all-optical network switches, which enable improved capacity utilisation in data centres and advanced data networks. Both applications are strategic growth areas of Huber+Suhner. The closing of the acquisition is expected later in June. The parties agreed not to disclose the financial terms. The purchase will be financed entirely from company funds. Polatis is a technologically advanced provider of purely management in large telecommunication
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| ISSUE 7 | Q3 2016
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