Broadcom acquired CyOptics, Inc. for ~$400 million, a transaction completed in June 2013, structured as all cash.
CyOptics, Inc. operates in Semiconductors (optical components), is based in Lehigh Valley, Pennsylvania, USA. Avago Technologies acquired CyOptics, a leader in Indium Phosphide (InP) optical chip and component technologies for datacom and telecom markets. The deal strengthened Avago's portfolio of single-mode InP laser and receiver capability for next-generation 40G and 100G enterprise and data center applications.
Adds single-mode InP laser and receiver capability to strengthen Avago's portfolio for next-generation 40G and 100G enterprise and data center optical markets.
InP optical chip technology critical to next-generation high-speed data center and telecom transceivers.
Advisory firms were not disclosed for this transaction.