3 October 2002 -- OpNext has announced the transfer of the Opto-Device Division of Semiconductor and Integrated Circuits, Hitachi, Ltd. to OpNext, Inc.
The Opto-Device Division designs, manufactures, and sells devices and modules for the access communication, fibre-optic backbone and metro markets, in addition to the information and industrial markets. With a technology base in lasers, including high power lasers for DVD applications, receivers, and packaging, the Opto-Device Division will continue to build on its capabilities in low-cost mass production.
Optical network systems vendors are increasingly demanding complete modular solutions, and OpNext is moving to address these needs through this transfer. In order to fulfil customer requirements, suppliers must deliver more compact solutions, which offer higher performance at lower costs with greater product functionality, the company says.
The addition of the Opto-Device Division should strengthen and expand OpNext's position in the optical component market by securing a line of high power, high quality lasers at a lower cost. OpNext will continue to service its clients in the data and telecommunication markets, but it will also focus on the information and industrial markets made possible by this transfer.
"We anticipate that our customers will require opto-electrical modules with a higher degree of integration, and the addition of the Opto-Device Division enables us to meet this need," said Harry Bosco, president and chief executive officer of OpNext.
"We are excited about enhancing OpNext's position in the active optical components market through the addition of the Opto-Device Division. This transfer is consistent with OpNext's growth strategy and will strengthen the technology leadership of both organizations."