Opnext, the new optical components that spun out of Hitachi, has acquired Pine Photonics Communications, a transceiver maker headquartered in Fremont, California. Pine Photonics offers module-level products for metro and regional network system providers such as transceivers, transponders and modulator bias controllers. The acquisition provides Opnext with SONET/SDH and Ethernet optical transceivers, allowing Opnext to immediately expand its portfolio of XAUI-based transponders and small form factor pluggable (SFP) transceivers, including modules for SONET/SDH (OC-3/STM-1 to OC-48/STM-16), Gigabit Ethernet (GbE), and Fibre Channel applications. Opnext said its pluggable portfolio of products now includes a complete range of high performance, low-cost, pluggable transceivers for datacom and telecom applications, such as SFP, XFP and X2 transceivers.
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- In January 2002, Opnext named Harry Bosco as its new President and CEO. Bosco most recently was Special Venture Partner at Clarity Partners, and previously served as Group President of Optical Networking at Lucent Technologies.
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In September 2001, Hitachi transferred its fiber optic components business unit into Opnext, a new company that is a joint venture with Clarity Partners and Marubeni Group. Clarity and Marubeni agreed to invest up to $450 million in Opnext.