Avago Technologies Limited
) recently collaborated with
) to develop new optical cabling connectivity solutions to
provide its clients with greater flexibility in solving the
prevailing challenges of the data center environment. In addition
to an expansion in product portfolio, the strategic move is also
expected to augment the individual revenues of the respective
companies and strengthen their position in the market.
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While Avago has developed various pluggable transceivers and
optical engines for the Ethernet, Storage, and high performance
computing applications, Corning has indigenously developed a new
high-bandwidth optical solution for wider applications. With this
collaboration, the companies expect to provide new optical
connectivity solutions to address the ever increasing demands for
high-bandwidth services, driven by applications such as HD (high
definition) video to end devices, mobile data, and cloud
computing and hosted applications.
By increasing the bandwidth from 10G to 40G to 100G and beyond,
the network becomes more programmable, thereby unlocking new
potential architectural capabilities. Through this collaboration,
Avago anticipates offering optical product solutions that are
both economical and technologically advanced for an effective and
fast data transfer system.
With an expertise in compound semiconductor design and
processing, Avago is a premier designer, developer and global
supplier of a broad range of analog, mixed signal and
optoelectronics components and subsystems. The company boasts
over 4,200 patents serving three primary target markets: wireless
communications, wired infrastructure, and industrial and other.
On the other hand, Corning is a leading manufacturer of specialty
glass and ceramics. With over 160 years of experience, Corning
offers keystone components that enable high-technology systems
for consumer electronics, mobile emission control,
telecommunications and life sciences. Its product portfolio
includes glass substrates for LCD televisions, computer monitors
and laptops; ceramic substrates and filters for mobile emission
control systems; optical fiber, cable, hardware & equipment
for telecommunications networks; and optical biosensors for drug
Avago faces stiff competition from other players in the market
PLX Technology Inc.
), each carrying Zacks Rank #1 (Strong Buy). However, Avago
presently has a Zacks Rank #3 (hold).