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NeoPhotonics to sell low speed transceiver business to APAT

Tuesday 20 December 2016 | 12:23 CET | News
NeoPhotonics executed a definitive agreement to sell its Access and Low Speed transceiver product lines to APAT Optoelectronics Components (APAT OE) of Shenzhen. The assets to be sold include the intellectual property, inventory and fixed assets for NeoPhotonics' PON products including GPON and GEPON transceiver products at up to 10G data rates, plus 10G and below telecom, bidirectional and specialty transceiver products. The transaction is valued at approximately USD 26.4 million, inclusive of post-closing payments under a transition services agreement. The transaction value consists of an

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Categories: Fixed
Companies: NeoPhotonics
Countries: China / World
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