CALIENT to sell controlling stake to Suzhou Chunxing Precision Mechanical

Aug. 24, 2017
Privately held optical switch vendor CALIENT Technologies, Inc. says it has agreed to sell a controlling stake in the company to Suzhou Chunxing Precision Mechanical Co., Ltd. Terms of the deal were not disclosed, although the agreement also calls for Chunxing to provide manufacturing services.

Privately held optical switch vendor CALIENT Technologies, Inc. says it has agreed to sell a controlling stake in the company to Suzhou Chunxing Precision Mechanical Co., Ltd. Terms of the deal were not disclosed, although the agreement also calls for Chunxing to provide manufacturing services.

CALIENT says that the growing popularity of its 3D MEMS based S-Series Optical Circuit Switches (see, for example, "Calient debuts high-density photonic switch for data centers" and "CALIENT touts SDN-enabled optical circuit switching") for data center, compute cluster, and communication service provider applications has led to need for expanded manufacturing capabilities. The company also asserts that it shares "a common base of existing and target global customers" this agreement will help them exploit.

CALIENT will continue operations under its current brand from its Goleta, CA, headquarters.

Founded in 2001, Chunxing is publicly traded on the Shenzhen stock exchange (ticker: 002547). The company's primary focus is the manufacturing of precision aluminum and magnesium alloy structures as well as 3D glass, plastic structures for the telecommunication, consumer electronics/IT, automobile, and industrial market segments. Chunxing also designs, manufactures, and distributes RF conditioning products for wireless telecommunication infrastructure. Its products include cavity filters and duplexers; ceramic filters and duplexers; couplers and combiners; tower mounted amplifiers; active modules; and waveguide duplexers, combiners, couplers, isolators, and flexible waveguides.

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