Nokia Completes Acquisition Of Elenion Technologies

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>Nokia

recently announced the successful completion of its acquisition of >Elenion Technologie

s, a U.S.-based company focusing on silicon photonics technology. The planned acquisition was originally announced in February of this year.

Silicon photonics makes it possible to integrate complex devices onto a single chip and create new form factors and functions.

Elenion’s technology expertise and unique design platform and services enable Nokia to expand its market footprint by addressing the critical and rapidly evolving optical connectivity requirements of 5G, cloud, and enterprise networking. Ownership of these key assets brings time-to-market and cost advantages to Nokia’s broad portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain.

“As a world-class provider of silicon photonics solutions, advanced packaging and custom design services, Elenion provides a strong strategic fit for Nokia,” said Sam Bucci, Head of Optical Networking at Nokia. “Its solutions can be readily integrated into Nokia’s product offerings and address multiple high growth segments including 5G, cloud and data center networking. When combined with Nokia, Elenion technologies will accelerate the growth and scale of Nokia’s optical networking business, while enabling us to cost-effectively address new markets.”

Elenion develops highly integrated, low-cost silicon photonics technologies for short-reach and high-performance optical interfaces and has pioneered a design toolset which enables a greatly simplified, low cost, scalable manufacturing process. The Elenion platform simplifies integration with optical chipsets, lowers power consumption, improves port density and helps to lower the overall cost per bit for network operators.

“Nokia’s strong optical industry leadership, size, scale, global reach, and ongoing commitment to investment in key technologies vastly accelerates the adoption of Elenion silicon photonics technology,” said Larry Schwerin, CEO of Elenion Technologies.

Source : https://www.engineersgarage.com/news/nokia-successfully-completes-acquisition-of-elenion-technologies/

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