BLANTYRE, SCOTLAND – Sivers IMA Holdings AB confirms that its wholly-owned subsidiary, CST Global, UK’s leading, independent, III-V opto-electronic, semiconductor foundry, has signed a Master Purchase Agreement (MPA) with a large, North American-based, global provider of network systems. CST Global is to supply opto-electronic devices, essential for the deployment of next-generation, cloud, data-centre and Hyperscale data centre applications.

According to Cisco® Global Cloud Index, Hyperscale data centres will grow from 259 in number at the end of 2015 to 485 by 2020.

Semiconductor foundry CST Global is leading a UK government-funded project that could substantially reduce the cost of manufacturing high-speed laser diodes for next-generation fibre-to-the-premises (FTTP) networks.

The market for passive optical networks (PON) is expanding rapidly as consumers upgrade their broadband connections to higher speeds. Indeed, this summer, CST Global said it had shipped more than 25 million lasers into PON markets worldwide. To meet the insatiable demand for bandwidth, the next generation of PON lasers will need to be both higher speed and lower cost.