Press releases
Syntune acquires controlling stake in Svedice AB
Stockholm, Sweden (April 17, 2008) – Syntune AB, a developer of innovative single-chip tunable lasers and transmitters, announced that it has taken a controlling equity position in Svedice, a leading European provider of customized InP semiconductor solutions. Svedice, based in Järfälla, Sweden, provides foundry services in its state-of-the-art, ISO-certified, clean room facilities. They provide III-V epitaxial growth, materials characterization, etching, metallization and testing for advanced technology products. Syntune has partnered with Svedice to produce a complete array of widely tunable products, including the world's first commercially available, widely tunable transmitter on a single chip.
The tunable laser market has now passed the 100,000 per year mark and is expected to grow 25% to 30% per year through 2012. "With the tunable laser market continuing to expand, it became imperative that we needed to strengthen our relationship with our chip supplier," stated Syntune CEO, Patrik Evaldsson. "Syntune has a strong, guaranteed supply chain that is demanded by our expanding customer base, thanks to a controlling interest in Svedice and a cooperative agreement with CyOptics, our packaging partner."
Syntune is currently in full production of its S3500 C-band tunable laser and its corresponding Integrable Tunable Laser Assembly (ITLA). Placed in the world's smallest tunable package, the innovative single chip design makes these lasers the most versatile, widely tunable products in the market. The S3500 can be combined with modulators to reach speeds up to 40 Gb/s and is small enough to be used in a variety of form factors, including SFF 300-pin transponders and XFP-E packages. Syntune's patented MG-Y structure minimizes size, power consumption, and cost while still allowing the fastest possible speeds.
For further information please contact
Kevin Green, VP Marketing and Sales, phone +1 847 894 4589, e-mail kevin.green@syntune.com
About Syntune
Syntune (www.syntune.com) supplies state-of-the-art widely tunable lasers for applications ranging from fiber-optic communications to sensor systems. In communications, Syntune's lasers enable universal DWDM transceivers with low power consumption in a small form factor. These drastically reduce overhead costs for sparing and maintaining inventories. Tunability also enables flexible networks, which allows operators to offer innovative services and reduces their operational expenditures.