SAN JOSE, Calif., May 26 /PRNewswire-FirstCall/ -- Oclaro, Inc.
(Nasdaq: OCLRD), a tier-one provider of innovative optical
communications and laser solutions, today announced it has made a
$7.5 million strategic investment in
ClariPhy Communications, a privately-held fabless semiconductor
company focused on digital signal processing (DSP) and mixed-signal
integrated circuits (ICs) for high-speed next-generation networks.
In addition, ClariPhy and Oclaro have signed a Co-Marketing and
Development Agreement leveraging ClariPhy's industry-leading 40nm,
single-chip products with Oclaro's optical technology. The alliance
with ClariPhy is an important milestone in Oclaro's strategy to
build upon its leadership position in 40 Gigabits per second
("Gb/s") regional and metro networks and expand into the 100 Gb/s
Coherent long-haul and ultra-long-haul markets.
The surge in new broadband services, such as social networking,
video sharing, voice over IP (VoIP) and cloud computing, is
creating significant demand for increased bandwidth and improved
network performance, with global IP traffic expected to grow at a
40 percent CAGR between 2008 and 2013. This intensive growth is
driving the rapid transition from 10 Gb/s optical networks to 40
Gb/s and beyond. These very high bit rate communications require
not only advanced optical solutions but also advanced DSP and
mixed-signal integrated circuits, combined into modules for
deployment by telecommunications systems providers. In particular,
the move to 100 Gb/s requires Coherent technology, which is
fundamental to extending the reach of high-speed networks.
"We expect an increasing percentage of the transceiver solutions
for optical networks to be comprised of DSP and mixed-signal
electronics as they evolve towards 40 Gb/s and 100 Gb/s," stated
Alain Couder, President and CEO, Oclaro. "Through our investment
and alliance with ClariPhy, Oclaro believes it will be able to
offer its customers best-in-class electronics and optical
technology as a complete solution from a single source, whether
incorporated directly in our Oclaro solutions, or co-marketed as
complementary products."
Oclaro is a market leader in the 40 Gb/s market, with a leading
market-share position in regional and metro networks. In the
Differential Quadrature Phase Shift Keying (DQPSK) and Differential
Phase Shift Keying (DPSK) space for regional and first-generation
long-haul markets respectively, Oclaro already offers Lithium
Niobate (LiNbO3) and Indium Phosphide (InP) component solutions. At
the sub-system level, the Oclaro vertical-integration model has
resulted in ground-breaking technology disruption, as demonstrated
by Oclaro's fully-qualified 40 Gb/s DQPSK 300-pin transponder
solution for regional and metro applications. From this base,
Oclaro is now looking to broaden its high bit rate portfolio into
next-generation long-haul and ultra-long haul with coherent
detection methodology. With the standardization of 100 Gb/s gaining
momentum, Oclaro believes it will continue to deliver these core
optical building blocks, alongside ClariPhy's world-class signal
processing engines, and to provide best-in-class module
solutions.
"By leveraging the significant 40nm CMOS technology innovation
from ClariPhy, Oclaro will focus on optimizing our future optical
products to further increase bandwidth, improve network
performance, and lower the total cost of ownership for customers,"
added Couder.
Oclaro and ClariPhy have a history of collaboration and offer
products that have been designed to improve the performance and
bandwidth of optical networks. With an industry-leading low
power dissipation, Oclaro's TL9000M small form factor 300-pin
transponder for 10 Gb/s networks, announced in 2009 and containing
ClariPhy's maximum likelihood sequence estimation (MLSE) IC,
established a new benchmark in transmission performance for
dispersion-tolerant modules. Oclaro's 300-pin transponder portfolio
continues to ramp and take market share in the 10 Gb/s space.
Oclaro is now taking this to the next level by driving a product
strategy to deliver technology-disruptive transceivers such as
Tunable XFP and XFP+, which when combined with ClariPhy's IC, is
believed to deliver the industry's highest-density, lowest-power
MLSE-based solution. Oclaro and ClariPhy believe that the ongoing
combination of the companies' advanced optics and signal processing
delivers the performance and integration the market demands for
these next generation 10 Gb/s modules.
"We are delighted to enter into a strategic alliance with
Oclaro," said Dr. Paul Voois, co-founder and CEO of ClariPhy. "This
alliance brings together industry-leading mixed-signal CMOS
technology from ClariPhy with the world-class optical technology
from Oclaro. By working together to deliver innovative solutions to
the market, Oclaro and ClariPhy can help customers accelerate
deployment of the next generation of high-speed networks."
About Oclaro
Oclaro, Inc. (Nasdaq: OCLRD) is a tier-one provider of optical
communications and laser components, modules and subsystems for a
broad range of diverse markets, including telecommunications,
industrial, scientific, consumer electronics, and medical. Oclaro
is a global leader, dedicated to photonics innovation with
cutting-edge research and development (R&D) and chip
fabrication facilities in the U.K., Switzerland and Italy, and in-house and contract manufacturing
sites in the U.S., Thailand and
China. To support its diverse and
global customer base, Oclaro maintains design, sales and service
organizations in each of the major regions around the world. For
more information visit http://www.oclaro.com.
About ClariPhy
ClariPhy Communications, Inc. is a fabless semiconductor company
developing mixed signal, advanced digital signal processing ICs
targeting 10, 40, and 100 Gb/s networks in enterprise backbone,
enterprise data center and telecom environments. ClariPhy's ICs
enable IT and network management to significantly improve network
performance and lower cost. ClariPhy's investors include Norwest
Venture Partners (NVP), Onset Ventures, Allegis Capital and Pacific
General Ventures. ClariPhy is headquartered in Irvine, California with offices in
Los Altos, California and Cordoba,
Argentina. For more information, please visit
http://www.clariphy.com.
Safe Harbor Statement
This press release contains forward-looking statements for
purposes of the safe harbor provisions of The Private Securities
Litigation Reform Act of 1995. These forward looking statements
include certain risks and uncertainties, including statements
regarding (i) the delivery of products in the future, (ii) the
delivery of products the market demands, (iii) market growth, and
(iv) that may contain words such as "targets", "believe", "plan",
"expect", "will" and "should". The forward-looking
statements included in this announcement represent Oclaro's view as
of the date of this release. Oclaro specifically disclaims
any obligation to update any forward-looking statements as a result
of developments occurring after the date of this release.
Copyright 2010. All rights reserved. Oclaro, the Oclaro
logo, and certain other Oclaro trademarks and logos are trademarks
and/or registered trademarks of Oclaro, Inc. or its subsidiaries in
the US and other countries. All other trademarks are the property
of their respective owners. Information in this release is subject
to change without notice.
SOURCE Oclaro, Inc.