COLORADO SPRINGS, Colo. NeoPhotonics Corp., a planar lightwave circuit specialist, has acquired a majority holding in Shenzhen-based Photon Technology Corp. Ltd., the largest active-optical component company in China.
Terms were not disclosed.
Acquiring PTC gives NeoPhotonics (San Jose, Calif.) a wide range of photodiodes, active lasers, and transceivers. NeoPhotonics will combine these parts with its PLC talents to explore new markets such as triplexers for fiber to the premises and integrated reconfigurable optical add-drop multiplexers.
NeoPhotonics chief executive Tim Jenks said that his company would be able to instantly leverage an in-place distribution network, though both companies are expected to combine sales channels in some regions.