EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) says it has completed its previously announced acquisition of InOpticals Inc., a Taiwan-based developer of high-speed test instruments for laboratory and manufacturing applications. The purchase price, which EXFO described last September as “mostly valued in EXFO shares,” was not disclosed (see “EXFO to buy manufacturing and R&D test instrument company InOpticals”).
EXFO expects the addition of InOpticals’ sampling oscilloscopes, bit-error rate testers (BERTs), and other test instruments will strengthen its support of emerging requirements for 400G and 800G test among optical component and network equipment manufacturers. The company believes the new assets will prove particularly useful for the evaluation of silicon photonics based transceivers and active and passive components.
The buy complements EXFO’s earlier purchase of Yenista Optics, which also significantly enhanced its portfolio of design and production test equipment (see “EXFO eyes Yenista Optics acquisition”). "EXFO has made strategic investments in recent years, both internally and through acquisitions, to increase its footprint in the rapidly growing lab and manufacturing test segments," commented Germain Lamonde, EXFO's founder and executive chairman. "This latest acquisition of InOpticals raises our T&M addressable market to more than $1 billion by expanding our high-end portfolio related to 400G and 800G technologies. Ultimately, it will allow EXFO to strengthen its leadership position in the global fiber-optic test equipment market."
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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