ColorChip Acquires Lambda Crossing's Optics Plant
Posted on: Wednesday, 17 August 2005, 09:00 CDT
OR AKIVA, Israel, August 17 /PRNewswire/ -- ColorChip, a leading manufacturer of glass-based Planer Lightwave Circuit (PLC) chips and modules for fiber optic communications, has acquired Lambda Crossing's plant. The plant - whose operations had ceased about a month ago - together with its equipment, will be used by ColorChip to mass-produce its chips as soon as development has been completed and the company moves to the manufacturing stage.
ColorChip is currently in the process of expanding and shifting its focus from development to mass production. The purchase of this existing, fully equipped plant will afford the company the opportunity to significantly increase its manufacturing capabilities with minimum investment and maximum saving of valuable time.
According to Moshe Price, the company's CEO, "ColorChip sees this acquisition as a one-time opportunity to join the leading suppliers in the area of access systems to the home (Fiber To The Home - FTTx) - a field that has recently experienced rapid acceleration. 'Fiber To The Home' will become the major platform for telecom companies to supply Triple Play services - Video, VoIP, and fast Internet - at speeds of hundreds of megabits per second, to and from the home".
The company will ship its first samples of Meteor II FTTx SOG(TM) Transceivers for optical network terminals (ONT/ONU) to selected customers later this month. The transceiver is based on ColorChip's breakthrough SystemOnGlass(TM) (SOG(TM)) technology. This first-of-its-kind system introduces a mountable glass chip that integrates commercial laser diodes, photodiodes, and a minimum number of other electronic and electro-optic components - using no free space elements whatsoever.
Today, ColorChip ships PLC splitters - based on the company's breakthrough Ion-Exchange process - mainly to the FTTx, CATV, analog and digital PONs markets. These splitters provide today's highest levels of reliability and performance.
About ColorChip
ColorChip (http://www.color-chip.com/) is a privately held company that designs, develops and markets innovative chips and modules for the fiber optic access and datacom markets. The Company's products are based on its Ion Exchange on glass and revolutionary SOG(TM) (SystemOnGlass(TM)) technologies. ColorChip provides PLC splitters, integrated SOG(TM) Fiber To The Home (FTTx) transceiver chips, and other customized PLC products. The company's technology assures complete reliability, while enabling significant development and manufacturing cost reductions as well as reduced product and component footprints.
PR Contacts: Ari Mizrachi Director of Marketing & Sales arim@color-chip.com Tel: +972-4-610-1330 x:106 Mobile: +972-54-688-8237 Fax: +972-4-610-1331
ColorChip Ltd.
CONTACT: PR Contacts: Ari Mizrachi, Director of Marketing & Sales,arim@color-chip.com Tel: +972-4-610-1330 x:106, Mobile:+972-54-688-8237, Fax: +972-4-610-1331
Source: PRNewswire
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