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NEWS BUSINESS


Ciena acquires TeraXion’s high-speed photonics business


Ciena has reached an agreement with privately held Canadian company TeraXion through which it will acquire TeraXion’s high-speed photonics components (HSPC) assets for about CA$ 46.6 million (€29.3 million) in cash. The purchase includes TeraXion’s high-speed indium phosphide and silicon photonics technologies as well as critical underlying intellectual property. TeraXion will retain its dispersion


compensator, fibre laser and optical sensing businesses, with 120 employees remaining with TeraXion in Québec City. Thus, the deal effectively returns the company to its roots as a developer of fibre Bragg grating technology. TeraXion branched out into


integrated photonics components in 2012, which ultimately led to the development of a prototype 400G optical modulator last year. These are the technologies that Ciena is keen to get its hands on, describing them as ‘key enablers’ of its WaveLogic coherent optical chipsets, which power the company’s packet optical platform. ‘This is a new chapter for our


HSPC activities and clearly an exciting opportunity for our employees to advance our technology set as part of the vision of an industry leader like Ciena,’ said Martin Guy, TeraXion’s current chief technology officer, who will join the packet optical platforms business at Ciena and serve as the company’s site leader in Québec City.


@fibresystemsmag | www.fibre-systems.com


euNetworks expands long-haul network to Marseille


Bandwidth provider euNetworks is investing in two new, diverse fibre


routes across Europe to Marseille, France. The network extension supports those who need to connect to Marseille as a key gateway to Asia, the Middle East and the Mediterranean from cities such as London, Dublin, Paris and Frankfurt. The new routes also enable euNetworks to


service backhaul requirements from the cable landing stations in Marseille to the rest of Western Europe. The expansion will support growing capacity needs when two new submarine cable systems, AAE-1 and SEA-ME-WE-5, connecting Asia to Europe go live later this year. ‘Connectivity to Marseille was a specific


request from our customers in 2015 as they continue to grow their bandwidth requirements with us,’ said Kevin Dean, chief marketing officer of euNetworks. The new routes run from Paris to Lyon and


Marseille and diversely from Frankfurt to Strasbourg, Basel, Zurich, and Milan to Marseille. In addition, there will be a new link from Lyon to Geneva to Zurich. When the


routes go live, euNetworks will offer 10G and 100G wavelength services from all major cities on the network to Marseille. Mike Hollands, director of connectivity,


Interxion, commented: ‘The extension of euNetworks’ modern, resilient, and high- capacity network to Interxion Marseille (MRS1) adds tremendous value to our fast growing community of customers in the city. MRS1 is the interconnection gateway to Africa, the Middle East and Asia. euNetworks will provide our customers with unique solutions to handle efficiently the large increases in content that is being exchanged between European cities and these regions.’


Oleg Khaykin is Viavi Solutions new president and CEO


Test and measurement specialist Viavi Solutions has appointed Oleg Khaykin as its new president and chief executive officer. Effective from 3 February, 2016, he also joins the company’s board of directors. Khaykin replaces interim president and CEO


Richard Belluzzo, who will continue his position as chairman of the board of directors. Belluzzo stepped in after former chief executive Thomas


Verizon to acquire XO’s fibre network business


Verizon Communications has signed an agreement to purchase XO Communication’s fibre-optic network business for $1.8 billion. XO operates metro fibre


networks in 40 major markets across the US, with more than 4,000 on-net buildings and 1.2 million fibre miles. XO also owns an intercity network spanning 20,000 fibre miles and 85 cities. When Verizon takes ownership of XO’s fibre-based IP and Ethernet


6 FIBRE SYSTEMS Issue 11 • Spring 2016


networks, it can strengthen its business with enterprise and wholesale customers. In addition, the acquired fibre facilities will help Verizon continue to increase the density of its cellular network. The acquisition is expected to


close in the first half of 2017, subject to regulatory approval. XO will continue to operate independently in the meantime. Verizon expects to receive a


number of financial benefits from


the deal, including an increase in the value of property on its books as well as operating and capital expense savings. Operational synergies in excess of $1.5 billion are also expected. Carl Icahn, chairman and sole


shareholder of XO Holdings, sounded resigned: ‘Although this sale to Verizon does not represent a significant annualised return on our investment, we believe that in today’s environment it does


represent the best achievable outcome for the company’s customers, employees and owner,’ he said. Icahn began purchasing the


senior debt of XO in 2001, and the following year the company filed for bankruptcy. He worked diligently with other stakeholders to keep XO alive, and in 2003 the company emerged from bankruptcy, but it has required several additional capital injections to keep it afloat.


Waechter departed in August 2015, less than two weeks after Viavi was formed by the separation of JDSU into two separate entities. Khaykin brings more than 28 years of industry


experience to Viavi. Prior to joining Viavi, Khaykin was a senior advisor with Silver Lake Partners. Before that, he was president and CEO of International Rectifier from 2008 until its acquisition by Infineon in the January of 2015.


Mariia Golovianko/Shutterstock.com


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