AC Photonics Acquires Assets
Clara, CA – September 16, 2004 – AC Photonics, Inc. an established
networking components and solutions manufacturing company for 10 years
has announced their purchase of the entire assets of Sunnyvale, Ca.
based Fiberconn Technology, Inc. (FTI). FTI specializes in designing
and manufacturing highly reliable, very flat and very low PDL (0.02dB
typ.) fused fiberoptic product solutions for access, metro, long haul
and EDFA systems. Their products, which are Telcordia GR 1209/1221 compliant,
have been well received by Tier 1 customers.
acquisition further enhances AC’s leadership as a main components
manufacturer and supplier, strengthening its ties with several Tier
1 customers. It also illustrates AC's strategy to expand its product
portfolio to serve Telecom, Datacom and the Test & Measurement market
segments. "We are very enthusiastic about their product portfolio
and market opportunities. We view the acquisition as an important step
in complementing and strengthening our access to new, high-growth market
segments as well as increasing our existing business,” stated
Arthur Wang, President of AC Photonics, Inc. "The addition will
significantly enhance AC's comprehensive capabilities to better serve
our customers, who look to us to design and manufacture reliable product
solutions at highly competitive costs.”
Photonics was incorporated in 1995. The Company offers advanced and
cost-effective optical components through its overseas manufacturing
capabilities. In addition, AC maintains a strong design center, applications
and customer service functions at its headquarters in Santa Clara, California.
The Company's customers include telecommunications, data communications
and cable TV equipment manufacturers around the globe.
For more detailed information, please go to http://www.acphotonics.com and review the individual