Nokia has announced plans to acquire Elenion Technologies, a US-based company specialising in silicon photonics technology.
Photo: Raysonho / Wikimedia
New York-based Elenion was founded in 2014. Its technology expertise and unique design platform and services will enable Nokia to expand its market footprint by addressing the critical and rapidly evolving optical connectivity requirements of 5G, cloud and enterprise networking. Ownership of these key assets brings time-to-market and cost advantages to Nokia’s portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain.
Sam Bucci, Head of Optical Networking at Nokia, said: “As a world-class provider of silicon photonics solutions, advanced packaging and custom design services, Elenion provides a strong strategic fit for Nokia. Its solutions can be readily integrated into Nokia’s product offerings and address multiple high growth segments including 5G, cloud and data centre networking. When combined with Nokia, Elenion technologies will accelerate the growth and scale of Nokia’s optical networking business, while enabling us to cost-effectively address new markets.”
Larry Schwerin, CEO of Elenion Technologies, said: “Nokia is an industry leader in networking systems, including advanced coherent optical interfaces and hyperscale datacenter solutions. Elenion benefits by having its technology incorporated into an industry-leading portfolio and with a company offering solutions across a wide array of networking applications. Nokia’s strong optical industry leadership, size, scale, global reach, and ongoing commitment to investment in key technologies vastly accelerates the adoption of Elenion silicon photonics technology.”
Elenion develops highly integrated, low-cost silicon photonics technologies for short-reach and high-performance optical interfaces and has pioneered a design toolset which enables a greatly simplified, low cost, scalable manufacturing process. The Elenion platform simplifies integration with optical chipsets, lowers power consumption, improves port density and helps to lower the overall cost per bit for network operators.
The planned transaction is expected to close in Q1 2020, and is still subject to regulatory approvals and customary closing conditions.
Back to Homepage
Back to Technology & Innovation