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Nokia to acquire Elenion, a U.S.-based company with state-of-the-art silicon photonics tech

Nokia has announced that it is planning to acquire Elenion, a U.S.-based company with state-of-the-art silicon photonics technology.

Espoo, Finland – Nokia today announced plans to acquire Elenion Technologies, a U.S.-based company focusing on silicon photonics technology.

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

With this acquisition, Nokia sees the broadening of the addressable market as well as economies of scale in the optical supply chain.

Nokia to acquire Elenion to improve economics of advanced optical connectivity solutions

  • Planned acquisition of key technology and commercial assets broadens addressable market
  • Elenion’s state-of-the-art silicon photonics design platform improves product costs by bringing simplification and scale to the optical supply chain
  • Combined solution lowers cost per bit for network operators

Read more here.

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Nayan
Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long. He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing. Write to him at Email: [email protected]
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