MANHASSET, NY -- The Photonics Research Group of Ghent University and research consortium IMEC have created and spun off Caliopa to develop and market advanced silicon photonics-based optical transceivers for the data and telecommunications markets.
Caliopa will use the expertise in silicon processing from imec. The company raised 2 million Euro in funding from a consortium of investors led by Baekeland, Fidimec and PMV-Vinnof, all of Belgium.
Caliopa currently counts 7 team members, composed of technical experts from imec/UGent and industry veterans with over 75 years cumulative management experience in the high tech industry, according to the company. It is planning to double this team in the next 12 months.
According to market research firm LightCounting LLC, lobal sales of
optical transceivers will reach $2.4 billion in 2010, with the market
posting a 13 percent compound annual growth rate (CAGR) between 2011 and