"Ownership of these key assets brings time-to-market and cost advantages to Nokia's broad portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain," Nokia said in a statement.The 2014-founded Elenion develops silicon photonics technologies for short-reach and high-performance optical interfaces.Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Are you sure you want to block %USER_NAME%? (RTTNews) - Nokia Corp. (NOK) said it plans to buy Elenion Technologies, a company focusing on silicon photonics technology. Within this platform, we can build optical engines at both 1310 and 1550 nm, at speeds up to 600G on a single wavelength of light. When combined with Nokia, Elenion technologies will accelerate the growth and scale of Nokia's optical networking business, while enabling us to cost-effectively address new markets.
The company's share price rose 2.6% in yesterday's trading session to close at $3.15.
By doing so, you and %USER_NAME% will not be able to seeany of each other's Investing.com's posts.The value of the acquisition was not released. WITHINGS is a brand of NOKIA listed on the Frankfurt stock exchange. Elenion’s proprietary technology allows us to use the same factories that are used in the electronics industry. Please give an overall site rating:* COMBINED SOLUTION LOWERS COST PER BIT FOR NETWORK OPERATORS 19 FEBRUARY 2020* PLANNED TRANSACTION IS EXPECTED TO CLOSE IN Q1 2020, SUBJECT TO REGULATORY APPROVALS AND CUSTOMARY CLOSING CONDITIONS. With its SiPh technology platform and design for services lineage, Elenion’s System-on-Chip solutions are tailored for a broad range of telecom, hyperscale communication and networking applications. We modify their processes so that we can use these factories to build chips that manipulate light, in addition to electrons. Source text for Eikon: Further company coverage: (Gdansk Newsroom)* COMBINED SOLUTION LOWERS COST PER BIT FOR NETWORK OPERATORS* PLANNED ACQUISITION OF KEY TECHNOLOGY AND COMMERCIAL ASSETS BROADENS ADDRESSABLE MARKET* PLANNED TRANSACTION IS EXPECTED TO CLOSE IN Q1 2020, SUBJECT TO REGULATORY APPROVALS AND CUSTOMARY CLOSING CONDITIONS* NOKIA TO ACQUIRE ELENION TO IMPROVE ECONOMICS OF ADVANCED OPTICAL CONNECTIVITY SOLUTIONSLike us on Facebook to see similar stories The Elenion platform simplifies integration with optical chipsets, lowers power consumption, improves port density and helps to lower the overall cost per bit for network operators. Press Release Nokia to acquire Elenion to improve economics of advanced optical connectivity solutions Planned acquisition of key technology and commercial assets broadens. Cavium and Elenion Technologies Collaborate to Offer Silicon Photonics Enabled End-to-End Server-to-Switch Solutions Lovably March 20, 2017 Elenion Technologies Announces Availability of Silicon Photonic Integrated Modulator / Receiver Assembly for Coherent Applications Elenion’s silicon photonics solutions include optical engines for coherent applications that can be designed into both pluggable and on-board form factors. Elenion was founded in 2014 and is privately held and headquartered in New York, NY.
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