Molex Ventures Announces Strategic Investment to Accelerate Innovation in Silicon Photonics
Investment in Elenion Technologies further addresses explosive market demand for hyperscale bandwidth with silicon photonic-based interconnect solutions.
LISLE, IL – March 8, 2018 – Molex Ventures has announced a strategic investment and collaboration between the Molex Optical Solutions Group (OSG) and Elenion Technologies, LLC (Elenion), a semiconductor company driving innovation around silicon photonics technology, to jointly develop, manufacture and promote silicon photonic-based product solutions. Leveraging CMOS and high-volume manufacturing processes, the companies will collaborate to develop advanced interconnect solutions that scale to 400Gbps and beyond.
“High-speed silicon photonic-based technologies represent a cost-disruptive solution to bandwidth scalability needs in hyperscale data centers in the high-growth optoelectronics sector, ” said Lily Yeung, vice president, Molex Ventures. “This investment and collaboration combines Elenion’s key strength in advanced silicon photonics core technology, with Molex core capabilities in complex product integration, efficient manufacturing, and global sales and marketing, and provides the most advanced and compelling product solutions to our customers.”
“Collaborating with Molex will significantly accelerate production and deployments of our silicon photonic technology serving global customers that demand an ever-increasing pace of innovation for high-speed optical communication solutions,” said Larry Schwerin, CEO, Elenion Technologies. “We now have a great alliance to fulfill our vision to be an industry leader in driving silicon photonics for a broad range of applications in high bandwidth data networks.”
To learn more about Molex Ventures and Molex OSG strategic initiatives, please visit the Molex OFC Booth #2512 or https://www.molex-ventures.com.
About Elenion Technologies:
Elenion Technologies, LLC (“Elenion”) is a semiconductor company driving innovation around silicon photonics technology. Built around world-class multi-disciplinary experts in silicon photonics, lasers, electronics and advanced packaging, Elenion designs System on Chip solutions for a broad range of high bandwidth communication and networking applications. Elenion is headquartered in New York, NY, with offices located in San Jose, CA and Munich, Germany. www.elenion.com
About Molex Ventures:
Molex Ventures, LLC, a subsidiary of Molex Electronic Technologies, LLC, proactively identifies companies, startups and technologies aligned with emerging and expanding markets for Molex product solutions. The group oversees the company’s venture and early stage investment pipeline and processes. By directing industry and compliance expertise, global design and manufacturing capabilities, equity investments, venture capital and licensing rights, Molex Ventures helps to bring early stage technologies from concept to commercialization to market expansion.
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