Nistica snags first-round funding News & Analysis 5/24/2006 Post a comment Three executives with roots in Lucent Bell Labs and Photoris Inc. have launched a new company, Nistica Inc., which has received Series A funding. William Cadogan, former chairman of ADC Communications, has been named chairman of Nistica.
Optical encoders tout smallest package Product News 5/21/2006 Post a comment Avago Technologies claims to introduce the industry's smallest reflective incremental optical encoder. Available in a surface-mount lead-free package, the AEDR-8400 encoder measures 3.00 x 3.28 x 1.262-mm.
Intel to phase out Giga chip line News & Analysis 5/12/2006 Post a comment Struggling Intel Corp. will halt future development of optical physical-layer products developed by Giga A/S, a Copenhagen company Intel acquired in 2000 for $1.25 billion.
Avanex narrows loss News & Analysis 5/8/2006 Post a comment Photonics product supplier Avanex Corp. posted a net loss of $10.2 million, or 6 cents per share on sales of $40.1 million in its third fiscal 2006 quarter ended March 31, compared with a loss of $18.9 million, or 13 cents per share on sales of $40.3 million in the year-ago quarter.
Bookham books narrower losses in Q3 News & Analysis 5/5/2006 Post a comment Bookham Inc. posted losses of $48 million for its third quarter ended April 1 on revenues up 7 percent to $53 million. The company said it expects fourth-quarter sales in a range of $52 million to $55 million.