Palo Alto, CA – April 24, 2013
Woodside Capital Partners International LLC announces that it acted as financial advisor to COGO Optronics Canadian Subsidiary, a leader in optical components and modules, in its acquisition by TeraXion, along with critical intellectual property assets.
This acquisition will accelerate TeraXion’s photonic integration products roadmap where performance, size and power consumption are key requirements.
“Today’s announcement is another milestone in-line with our organic and acquisitive growth strategy. The team in Ottawa and California is bringing new and highly complementary expertise to our current capabilities. The InP modulator product line developed over the years at COGO has all the attributes to meet the market’s needs for next-generation 100 Gb/s and above transceivers development”, said Alain-Jacques Simard, President and CEO, TeraXion.
“This combination will better service the needs of our existing customers and accelerate the time to market of the rich products pipeline COGO has been developing in conjunction with leading customers”, said COGO’s CEO Alka Swanson. “Combining the advanced InP technology and products developed by COGO with the larger scale and market reach of TeraXion will result in a more stable commercial platform from which the business can be ramped to its full potential.”
About COGO Optronics Inc.
COGO Optronics develops, manufactures and markets key technologies for the next generation of high speed optical networks. Offering advanced ultrafast optoelectronics component solutions for the rapidly emerging 40G/100G market. Using advanced device design/wafer fabrication, and combining with world class optical packaging technologies and expertise in high volume manufacturing, we intend to help our customers to meet the future bandwidth requirements of the Zettabyte network with high speed optical components that are smaller in size, consume less power, and cost less. For more information on COGO Inc. please visit: www.cogooptronics.com.
About TeraXion Inc.
TeraXion designs and manufactures state-of-the-art optical components and modules for high-speed fiber-optic transmission networks, fiber lasers and optical sensing applications. TeraXion’s ability to transform complex technologies into manufacturable high-technology products is unmatched: its 150 employees are devoted to innovation from R&D up to volume manufacturing. Its line of chromatic dispersion compensation solutions includes Telcordia-qualified low-loss DCMs and small form factor tunable dispersion compensators for 10 and 40 Gb/s direct detection terrestrial and submarine networks. For coherent detection systems, TeraXion offers chromatic dispersion emulators with very high levels of dispersion, tunable optical filters and tunable narrow line width lasers for applications at 100 Gb/s and above. More recently, TeraXion has taken the direction of photonic integration by adding silicon photonics (SiP) product design and manufacturing to its mastered capabilities. This new technology platform opens the door for the development of new high-end products where size, power and performance are key requirements. For more information on TeraXion Inc. please visit: www.teraxion.com.