Breinigsville company acquired for $400M

By - Last modified: April 12, 2013 at 11:29 AM

Back to Top Comments Email Print

CyOptics Inc. of Breinigsville has been acquired by California-based Avago Technologies Limited for $400 million.

CyOptics develops core optical technologies to enable bandwidth for high-speed networks.

Avago is a supplier of analog interface components for communications, industrial and consumer applications.

Avago said the Breinigsville firm will strengthen its fiber optics products portfolio.

Leveraging its Bell Labs and Lucent heritage, CyOptics has built a broad product portfolio and a customer base that includes leading module and system manufacturers.

According to CyOptics, its revenue more than tripled over the past three years. During calendar year 2012, CyOptics net sales were about $210 million, up 21 percent from 2011.

It is one of five firms being honored by the Ben Franklin Technology Partners of Northeast Pennsylvania. It is being honored for entrepreneurial achievement at a May 7 event.

Stacy Wescoe

Stacy Wescoe

Writer and online editor Stacy Wescoe has her finger on the pulse of the business community in the Greater Lehigh Valley and keeps you up-to-date with technology and trends, plus what coworkers and competitors are talking about around the water cooler — and on social media. She can be reached at stacyw@lvb.com or 610-807-9619, ext. 104. Follow her on Twitter at @morestacy and on Facebook. Circle Stacy Wescoe on .

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top