Nokia acquires Elenion to expand market footprint

Share this on social media:

Nokia is acquiring silicon photonics specialist, Elenion Technologies.

The aim is for Elenion’s technology, design platform and services to enable Nokia to expand its market footprint by addressing the critical and rapidly evolving optical connectivity requirements of 5G, cloud and enterprise networking.

By taking ownership of these key assets, Nokia will benefit from both time-to-market and cost advantages across its portfolio of networking solutions by applying the scale and economies of silicon design and manufacturing to the optical supply chain.

Founded in 2014, Elenion develops highly integrated, low-cost silicon photonics technologies for short-reach and high-performance optical interfaces. It has a design toolset that enables a simplified, low cost, scalable manufacturing process. The platform also simplifies integration with optical chipsets, lowers power consumption, improves port density and helps to lower the overall cost-per-bit for network operators.

Sam Bucci, head of optical networking at Nokia, said: ‘Elenion provides a strong strategic fit for Nokia. Its solutions can be readily integrated into Nokia’s product offerings and address multiple high-growth segments including 5G, cloud and data centre networking. 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.’

Larry Schwerin, CEO of Elenion Technologies, said: ‘Elenion benefits by having its technology incorporated into an industry-leading portfolio and with a company offering solutions across a wide array of networking applications. Nokia’s strong optical industry leadership, size, scale, global reach, and ongoing commitment to investment in key technologies vastly accelerates the adoption of Elenion silicon photonics technology.’

The transaction is expected to close in the first quarter of this year.

Related news

Recent News

21 September 2020

German service provider, Telefónica Deutschland is preparing its network to adapt to escalating data traffic and bandwidth demands.

21 September 2020

Altitude Infrastructure has raised €500m in equity and junior debt and plans to invest €2.5bn over the next three years to accelerate the development of fibre in France.

17 September 2020

The New York and New Jersey metro region of America is to benefit from enhanced backbone connectivity thanks to a strategic partnership between Telia Carrier and ZenFi Networks.

17 September 2020

Internet exchange point (IXP), PIT Chile has deployed PacketLight’s PL-2000T transponder to connect two of its data centres in Santiago, Chile.