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Tunable laser marketers seek interoperability.(Brief Article)
November 15, 2001... FREMONT, CA--After almost a year of work, the physical layer and link (PLL) working group of the Optical Internetworking Forum (OIF) has managed to lay a foundation upon which they hope to build industry-wide implementation agreements for...
Lenslet Labs announces optical DSP.(Brief Article)
November 15, 2001... RAMAT GAN, ISRAEL--Lenslet Labs Ltd. unveiled last month what it says is the world's first commercially available optics-based digital signal processing (DSP) technology. Established in 1999, the company currently employs 40 people and raised...
Opthos' successful series B. (NEWS BRIEFS).(Brief Article)
November 15, 2001... Opthos (San Carios, CA), a provider of IP-managed solutions for metro networks, announced that Advanced Technology Ventures and the Sprout Group are coleading its series B round of venture funding for $21.6 million, bringing the funding total...
CiDRA sells OSS. (NEWS BRIEFS).(Optical Sensing Systems)(Brief Article)
November 15, 2001... CiDRA Corp. (Wallingford, CT) has announced an agreement to sell its Optical Sensing Systems (OSS) business to Weatherford International Inc. (Houston, TX). CiDRA OSS is successfully commercializing a suite of permanent downhole...
Chorum raises $54.7M. (NEWS BRIEFS).(Chorum Technologies Inc.)(Brief Article)
November 15, 2001... Chorum Technologies (Richardson, TX), a provider of all-optical processors and subsystems for low-cost optical networks, has raised $54.7 million of private equity funding from new and existing investors. The new capital, combined with...
Kyoto Prize awarded for injection laser.(Brief Article)
November 15, 2001... KYOTO, JAPAN--The 2001 Kyoto Prize for Advanced Technology in the field of electronics was awarded to laureates Morton Panish, lzuo Hayashi, and Zhores Ivanovich Alferov for their innovative research and development of continuous-wave (cw)...
Buy-out creates Ibsen Photonics. (NEWS BRIEFS).(Brief Article)
November 15, 2001... Ibsen Photonics announced its management buy-out from ADO Communications (Eden Prairie, MN). Ibsen manufactures phase masks and DWDM-channel power monitors used in optical networks, and was previously acquired by ADC in May 2000. Ibsen...
Flextronics boom. (NEWS BRIEFS).(Movaz Networks Inc.)(Brief Article)
November 15, 2001... Movaz Networks (Atlanta, GA), a provider of "managed wavelength service platforms" for metro edge, access, and core applications, has entered a strategic manufacturing-service agreement with Rextronics (Singapore), an electronics...
IntelCore optimistic about optics. (NEWS BRIEFS).(IntelCore Technologies)(Brief Article)
November 15, 2001... Custom optical-fiber maker IntelCore Technologies broke ground on its new multimillion-dollar manufacturing plant and corporate headquarters in Grafton, MA. The 40,000-sq-ft facility is slated for completion in early 2002. Initially, it will...
CIR predicts metro market. (NEWS BRIEFS).(Communications Industry Researchers)(Brief Article)
November 15, 2001... Market-research firm Communications Industry Researchers Inc. (CIR; Charlottesville, VA) recently reported that the market opportunity for vendors supplying SONET, DWDM, and optical Ethernet transport systems in the US metro core could top...
HighWave implosion. (NEW BRIEFS).(Brief Article)(Statistical Data Included)
November 15, 2001... HighWave Optical Technologies SA, a Lannion, France-based supplier of components for optical networks has recently reported second-quarter revenue of [euro]2.8 million (US$2.5 million), down from [euro]10.1 million (US$9.1 million). The...
EXFO completes acquisition. (NEWS BRIEFS).(EXFO Electro Optical Engineering Inc. buys Avantas Networks)(Brief Article)
November 15, 2001... EXFQ Electro-Optical Engineering Inc. (Quebec City, Que., Canada) has completed its previously announced acquisition of Avantas Networks Corp. (Montreal, Que., Canada). EXFO plans to take advantage of Avantas' experienced R&D team to...
Analyzer provides real-time anthrax detection.(Brief Article)(Product Announcement)
November 15, 2001... ALBUQUERQUE, NM--Researchers predict that the worldwide biotechnology enabling-technology market will increase from about $7 billion in 2000 to $17 billion in 2005. Enhancing molecular analysis with laser technology that allows for trapping,...
Nuvonyx CEO to speak at marketplace seminar.(Mark Zediker)(Brief Article)
November 15, 2001... SAN JOSE, CA--The potential for high-power laser diodes to displace conventional material-processing technologies will be the focus of a talk given by Mark Zediker, president and CEO of Nuvonyx, at the 2002 Laser and Optoelectronics...
SpectRx gets CDC grant. (NEWS BRIEFS).(Brief Article)
November 15, 2001... SpectRx Inc. (Norcross, GA) has received a grant of $338,000 from the US Centers for Disease Control and Prevention (CDC; Atlanta, GA) to expand research on its continuous glucose monitor. The grant will be used to adapt the company's...
NSF funds physics center. (NEWS BRIEFS).(National Science Foundation)(Brief Article)
November 15, 2001... The development of basic scientific advances and applications received a boost recently when the National Science Foundation (NSF; Arlington, VA) announced the establishment of a Physics Frontier Center at the University of Michigan (Ann...
LCD alliance. (NEWS BRIEFS).(Brief Article)
November 15, 2001... Toshiba Corp. (Tokyo, Japan) and Matsushita Electric Industrial Co. Ltd. (Osaka, Japan) will unify their liquid-crystal display (LCD) and next-generation display businesses in a joint venture company that will be incorporated in April 2002 in...
Name change. (NEWS BRIEFS).(Brief Article)
November 15, 2001... Both RIFOCS (Camarillo, CA) and Opto-Electronics Inc. (Oakville, Ont., Canada) are changing their names to reflect their status as members of the Textron Inc. Fiberoptic Technology group, to become Tempo-Camarillo and Tempo-Oakville,...
OSA elects British president. (NEWS BRIEFS).
November 15, 2001... A physicist working outside of North America has been elected vice president of the Optical Society of America (OSA; Washington, DC) for the first time. Peter Knight of Imperial College (London, England) beat two other candidates in the...
IMPAS awards Iolon's Suhir. (NEWS BRIEFS).
November 15, 2001... Iolon Inc. (San Jose, CA) has announced that vice president of packaging and reliability Ephraim Suhir has been selected by the International Microelectronics and Packaging Society (IMAPS) 2001 awards committee as this year's recipient of the...
Financial Scoreboard.(Brief Article)(Illustration)(Statistical Data Included)
November 15, 2001...
Fiscal End
Company year Period date Revenues
JDS Uniphase 2001 Q1 9/29/01 ($329 million)
San Jose, CA 2000 Q1 9/30/00 $786 million
...
Optoelectronics Report 40.(Directory)
November 15, 2001...
Optoelectronics Report 40
Company Location Ticker Oct. 24
ADC Telecommunications Minnetonka, MN ADCT 4.87
Agere Systems Inc. Allentown, PA AGRa 4.95...
Transponder agreement. (NEWS BRIEFS).(Brief Article)
November 15, 2001... Optical components and subsystems manufacturer Micro Photonix Integration Corp. (MPI; Phoenix, AZ) and the Furukawa Electric Co. Ltd. (Tokyo, Japan) have entered into an agreement to develop a next-generation OC-192 transponder. The product...
'New Focus' on management. (NEWS BRIEFS).(Brief Article)
November 15, 2001... New Focus Inc. (San Jose, CA), a supplier of innovative fiberoptic products for next-generation optical networks, announced that president, CEO, and board member Kenneth E. Westrick has resigned. Chairman of the New Focus board of directors...
And the Emmy goes to. (NEWS BRIEFS).
November 15, 2001... Eastman Kodak Co. (Rochester, NY) has received an Emmy Award for its role in the development of the consumer camcorder. The award was presented by the National Academy of Television Arts & Sciences, which also named Hitachi, JVC, Matsushita,...
Fiber to reach 2.65 million homes by 2006.(Brief Article)(Statistical Data Included)
November 15, 2001... PROVIDENCE, RI-Fiber-to-the-home (FTTH) systems in the United States will reach 2.65 million homes by 2006, with fiber-to-the-curb (FTTC) systems reaching another 1.9 million, according to KMI Corp. (Newport, RI). A new report, entitled...
Grant supports laser mapping of WTC, Pentagon.
November 1, 2001... GAINESVILLE, FL-The National Science Foundation (NSF) has awarded a $45,000 grant to support a multiagency effort that is using laser-based thermal mapping to better assess the damage done by the September 11 terrorist attacks on the World...
Polaroid files Chapter 11, receives financing.(photographic company bankrupt)
November 1, 2001... CAMBRIDGE, MA--Polaroid Corp. announced October 12 that the company and its US subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code, following the recent steep decline in its revenues and...
PhotonEx garners $90 million in third round.(financing for optical vendor)
November 1, 2001... MAYNARD, MA--Investors recently expressed their confidence in PhotonEx Corp.'s ability to maintain its lead in 40-Gbit/s core optical networking by putting up $90 million in the company's latest round of financing. Combined with two earlier...
Alcatel adapts to slowdown.(cuts more than 3,000 jobs)(Brief Article)
November 1, 2001... Alcatel (Paris, France) has cut more than 3000 jobs in response to the current downturn of the undersea-network market and to the slowdown of the optical-fiber market. Alcatel will also shift the undersea cable-production site in Port Botany,...
Adept and JDSU form alliance.(Brief Article)
November 1, 2001... Adept and JDSU form alliance: JDS Uniphase Corp. (JDSU; San Jose, CA) and Adept Technology Inc. (Ottawa, Ont., Canada) have agreed to enter into an automation development alliance for optical component and module manufacturing. Adept will be...
DWDM market pains.(dense wavelength division multiplexing)(Brief Article)(Statistical Data Included)
November 1, 2001... DWDM market pains: An update to KMI Corp.'s (Providence, RI) report, completed at the end of November 2000, on worldwide markets for DWDM systems says that the worldwide market for DWDM transport equipment will decline 14% in 2001 to $7.1...
LuxNet raises $18M.(optoelectronics firm)
November 1, 2001... LuxNet Corp. (Fremont, CA) has received $18 million in its latest round of venture-capital funding. The funding follows the successful establishment of LuxNet's OMVPE growth facility in Fremont, CA, and its 15,000-sq-ft manufacturing...
Rofin-Sinar sells.(Carl Baasel Lasertechnik GmbH & Co. medical laser business to WaveLight Laser Technologie AG)(Brief Article)
November 1, 2001... Rofin-Sinar Technologies Inc. (Plymouth, Ml and Hamburg, Germany), a leading developer and manufacturer of high-performance laser beam sources and laser-based systems, has announced the sale of the medical-laser business segment of Carl...
Proximion millions.(Proximion Fiber Optics AB obtains $10 million in)(private financing)(Brief Article)
November 1, 2001... Proximion Fiber Optics AB (Wilmington, DE), a supplier of in-fiber intelligence for safeguarding and enhancing the performance of optical networks, has secured its second round of private financing totaling $10 million. The funds will be used...
Asyst prevails in appeal.(Asyst Technologies Inc.)(Brief Article)
November 1, 2001... Asyst Technologies Inc. (Fremont, CA) has won a favorable ruling in a patent-infringement suit. On October 10, the US Court of Appeals for the Federal Circuit reversed an earlier district court ruling, allowing Asyst to proceed with its...
Finisar sells $100 million in notes.(fiber optics developer)(Brief Article)
November 1, 2001... Finisar Corp. (Sunnyvale, CA), a developer of fiberoptic systems, has agreed to the private sale of $100 million in convertible subordinated notes due 2008 to qualified institutional buyers. Finisar will receive $97 million in net proceeds...
Northstar Photonics raises $11 million.(led by St. Paul Venture Capital)(Brief Article)
November 1, 2001... Northstar Photonics Inc. (Minneapolis, MN), a company specializing in manufacturing glass-based integrated photonic components for telecommunications, has closed $11 million in financing with St. Paul Venture Capital as the lead investor....
Metro-Optix third round.(Brief Article)
November 1, 2001... MetroOptix (Santa Clara, CA and Allen, TX), a telecommunications-network equipment provider, has closed a third round of financing of approximately $54 million through the private placement of its newly authorized Series C Preferred Stock....
Qusion expands staff and funds.(Qusion Technologies)(Brief Article)
November 1, 2001... Qusion Technologies (North Brunswick, NJ), a telecom component manufacturer, has announced a major expansion: Rueben Richards, CEO of EMCORE, joined Qusion's board of directors; Timothy Brophy, former director of photonic technology at...
Philips creates Anteryon.(Koninklijke Philips Electronics N.V.)(Brief Article)
November 1, 2001... The Philips Optics business unit within Royal Philips Electronics (Amsterdam, the Netherlands) is to be established as Anteryon, a wholly owned subsidiary. Anteryon will continue to build on the leading position and worldwide recognition...
Exotic Electra-Optics.(contract with Northrop Grumman Electronic Sensors and Systems)(Brief Article)
November 1, 2001... Exotic Electro-Optics (Temecula, CA) has announced a contract from Northrop Grumman Electronic Sensors and Systems (Baltimore, MD) for the design, development, and production of the Integrated FLIR Targeting System (IFTS) shroud assembly and...
New company name.(Burleigh Instruments Inc. changes name to Scientifica Ltd.)(Brief Article)
November 1, 2001... Burleigh Instruments (Harpenden, England) has announced that as of Oct. 24, 2001, it will be changing its trading name to Scientifica Ltd. The move is a result of the increased portfolio of products that the company is now able to offer to...
ZBD gets funds.(ZBD Displays)(Brief Article)
November 1, 2001... ZBD Displays (Malvern, England), a QinetiQ spinoff, has completed its second round of fund-raising, which totals [pound]2 million (US$2.85 million). The funds will be used to build a prototype of ZBD's ultralow-power liquid-crystal display...
Iolon adds Nortel veteran.(Mike Unger, former president of Nortel's Optical Networks Business Unit)(Brief Article)
November 1, 2001... iolon Inc. (San Jose, CA), a designer and manufacturer of tunable optical devices, has announced that Mike Unger, former president of Nortel's Optical Nettworks Business Unit, joined iolon's board of directors. Since March of 2000, Unger has...
Nobels matter.(winners of the Nobel prize for physics)(Brief Article)
November 1, 2001... This year's Nobel Prize in Physics deals with an extreme state of matter, the Bose-Einstein Condensate. The three scientists who are awarded the Prize jointly are Eric A. Cornell, JILA and National Institute of Standards and Technology,...
Marketplace seminar.(optoelectronics conference)(Brief Article)
November 1, 2001... Robert Grant, executive vice president of the surgical business at Lumenis (Yokneam, Israel), will provide an analysis of the medical-laser market ""d detail emerging technology at "" 2002 Laser and Optoelectronics Marketplace Seminar on...
E Ink opens flexible-display facility.(Brief Article)
November 1, 2001... CAMBRIDGE, MA--E Ink Corp., a developer of electronic-ink technology for use in paperlike displays, has opened a flexible-microelectronics facility in Woburn, MA. The 9500-sq.ft. building will house E Ink's microelectronics technology group....
Low attendance, strong speakers mark meeting.(Optical Society of America conference)(Brief Article)
November 1, 2001... LONG BEACH, CA--While attendance at Optical Society of America (OSA; Washington, DC) annual meeting is generally sparse, this year seemed particularly so, probably due in a large degree to the spaciousness of the Long Beach Convention Center...
Financial Scoreboard.(optoelectronics industry)(Brief Article)(Statistical Data Included)
November 1, 2001...
Financial Scoreboard
Fiscal End
Company year Period date Revenues
Nortel Networks 2001 Q3 9/30/01 $3.69 billion
Toronto, Ont., Canada 2000 Q3 ...
Optoelectronics Report 40.(Statistical Data Included)
November 1, 2001...
Optoelectronics Report 40
Company Location Ticker Oct. 9
ADC Telecommunications Minnetonka, MN ADCT 3.64
Agere Systems Inc. Allentown, PA AGRa 4.75
Agilent...
New European laser applications network.(Brief Article)
November 1, 2001... VIENNA, AUSTRIA-A new European laser applications network (EULASNET) has been coordinated by the Bureau for International research and Technology Cooperation (BIT). EULASNET aims to promote laser applications in industry, as part of the...