EXFO expands testing activity with InOpticals acquisition
EXFO has acquired high-speed test instrument specialist, InOpticals in a move to expand its test activity in 400G/800G lab and manufacturing markets.
InOpticals, which supplies sampling oscilloscopes, bit-error rate testers (BERTs) and other critical test instruments to manufacturers of optical transponders, components and network equipment will see its solutions will be combined with EXFO's advanced optical test offering, bolstered by the Yenista Optics acquisition in October 2017.
The latest acquisition is due to close by the end of October and will increase EXFO's global test and measurement addressable market by approximately $150m to more than $1bn. Germain Lamonde, founder and executive chairman at EXFO explained: ‘InOpticals brings to EXFO a remarkable product portfolio that is highly complementary and strategic. This synergistic acquisition will allow EXFO to leverage InOpticals' innovative test solutions across global sales channels and expand market share.’
Jones Huang, CEO at InOpticals added: ‘Combining EXFO's global reach and market knowledge with our proven innovation capability will allow us to jointly have a more significant impact in this high-growth market.’