24th January 2012

Optelian Acquires Versawave

optelianOptelian, a trusted designer and manufacturer of optical transport systems, has acquired Vancouver company Versawave Technologies Inc., a leader in the field of ultra-high bandwidth gallium arsenide based optical modulators with patented polarization modulation technology. This strategic move further positions Optelian to broaden its markets, extend technical leadership and strengthen its client services through innovative product development in the field of optical communications, worldwide.

“Our acquisition of Versawave is very much a part of our core strategy of continuing to manufacture in North America and being as vertically integrated as possible to provide our customers with very cost effective solutions and short lead times,” said Optelian’s CEO, David Weymouth.

A recent study from market research firm, Infonetics Research, has found that operators have a strong preference for deploying 100 Gigabit-per-second (Gbps) technology as they upgrade their networks. “Versawave brings exceptional technology for 100Gbps and will accelerate Optelian’s growth into the next generation of highly integrated photonic systems,” continued Weymouth.

Versawave, led by Hiroshi Kato, will continue to operate at its current Vancouver facility as a division of Optelian. Kato stressed that the “synergy with Optelian will enable Versawave to expand manufacturing, accelerate the making of new products and enhance customer support.”

This entry was posted on Tuesday, January 24th, 2012 at 1:28 pm and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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