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The announcement of the acquisition was low key. A CTO blog post and a statement that Juniper Networks had entered into an agreement to acquire Aurrion, the fabless silicon photonics start-up. No fee was mentioned.
However, in the company's US Securities and Exchange Commission filing, Juniper values the deal at approximately $165 million. "The Company believes the acquisition will help to fuel its long-term competitive advantage by enabling cost-effective, high-density, high-speed optical networks," it said. The deal is expected to be closed this quarter.
Source: Gazettabyte
At first glance, Juniper is simply the latest in a series of systems vendors bringing silicon photonics in-house. Silicon photonics is a technology that allows photonic devices to be made on a silicon substrate, fabricated in a CMOS facility.
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