SOURCE: Optelian

Optelian

January 24, 2012 10:01 ET

Optelian Acquires Versawave to Drive Growth and Strengthen Leadership in High Speed Optical Technology

OTTAWA and MARIETTA, GA and VANCOUVER, BC--(Marketwire - Jan 24, 2012) - Optelian, a trusted designer and manufacturer of optical transport systems, today announced that it has acquired Versawave Technologies Inc., of Vancouver, British Columbia, a leader in the field of ultra-high bandwidth gallium arsenide based optical modulators with patented polarization modulation technology. This strategic move further positions Optelian to broaden its markets, extend technical leadership and strengthen its client services through innovative product development in the field of optical communications, worldwide.

"Our acquisition of Versawave is very much a part of our core strategy of continuing to manufacture in North America and being as vertically integrated as possible to provide our customers with very cost effective solutions and short lead times," said Optelian's CEO, David Weymouth.

A recent study from market research firm, Infonetics Research, has found that operators have a strong preference for deploying 100 Gigabit-per-second (Gbps) technology as they upgrade their networks. "Versawave brings exceptional technology for 100Gbps and will accelerate Optelian's growth into the next generation of highly integrated photonic systems," continued Weymouth.

Versawave, led by Hiroshi Kato, will continue to operate at its current Vancouver facility as a division of Optelian. Kato stressed that the "synergy with Optelian will enable Versawave to expand manufacturing, accelerate the making of new products and enhance customer support."

About Optelian

Optelian, a leading provider of optical transport systems, solutions, and services, serves some of the world's largest network operators. The company is known industry-wide for its exceptional product quality, speed of delivery, superior customer support and custom-design capabilities. Optelian's LightGAIN™ product family is based on a scalable, modular, affordable, reliable, transport (SMART) architecture. Since 2002, Optelian's portfolio of optical solutions has enabled telecom, multi-service operator (MSO), utility and enterprise customers to expand their fiber capacity so they can increase revenue, cost-effectiveness and efficiency. The company's Sales, Marketing and Service operations are located in Marietta, Georgia, with in-house development and manufacturing based in Ottawa, Ontario, Canada. For more information, visit www.optelian.com.

About Versawave

Versawave is a leader in the field of ultra-high bandwidth gallium arsenide based optical modulators with patented polarization modulation technology. Versawave designs, develops and manufactures its products in Canada with semi-conductor chip fabrication provided by select vendors in North America. Versawave is actively involved in research to create a new generation of silicon photonic technology. For more information, visit www.versawave.com.

Contact Information

  • Contact:

    Leah Wilkinson
    WilkinsonShein Communications for Optelian
    703-907-0010
    Email Contact