The active optical technology platform of
Applied Micro Circuits Corp
) was recently acquired by Volex plc for $2 million. AppliedMicro
signed a five-year non-compete agreement related to the marketing
and sale of active optical cables, transceivers, modules and
This agreement entails joint patent ownership to collaborate on
next-generation optical interconnect products and solutions.
Applied Micro primarily focuses on product developments for
high-growth computing and connectivity markets. The joint
ownership will enable Volex to use the expertise of Applied Micro
in product development, sales and marketing activities.
For the past three years, Applied Micro has been continuously
developing technology to minimize costs and reduce complexity to
overcome the primary headwinds for widespread adoption of
high-speed data interconnects.
There is a steady demand for a cost-effective, high-speed optical
solution to replace legacy copper interconnects. This partnership
will prove beneficial for Volex as it seeks to leverage the
technological expertise from Applied Micro to develop low-power,
competitive active optical solutions, including active optical
cables and transceivers for all associated sectors.
Headquartered in Sunnyvale, California, Applied Micro is a
leading provider of high-bandwidth low power integrated circuits
(ICs), which are essential for the processing, transporting and
storing of information. The company provides semiconductor
solutions for the enterprise, telecom and consumer/small medium
Applied Micro is expected to release its fourth-quarter 2012
results on Jan 30, 2013. The Zacks Consensus Estimate for the
fourth quarter earnings is currently pegged at a loss of 25
Applied Micro currently has a Zacks Rank #3 (Hold) and a
long-term Neutral recommendation. One of its competitors,
Broadcom Corp (
) carries a Zacks Rank #2 (Buy).
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