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EZconn Corporation, a leading manufacturer of interconnect components for broadband access applications, today announced that it has signed a definitive agreement to acquire the FTTx BIDI® business of Infineon Technologies AG, the pioneer for developing Bidirectional Transceiver and Optical Sub-Assemblies (OSA). As part of the acquisition, EZconn will take over Infineon's leading technologies including the wafer level micro-module processes, an enabling technology for the next generation of higher performance and more efficient volume OSA manufacturing.
"This acquisition will strengthen our worldwide market access by combining Infineon's excellent technology and market position in Europe and North America with EZconn's cost effective production capabilities in Taiwan and China" commented J.Y. Liu, President and CEO of EZconn.
"Selling our BIDI® business to EZconn combines the technical strengths and proven track record of Infineon Fiber Optics with the efficient semi-automated manufacturing technologies of EZconn to form a strong player in the FTTx market ensuring seamless support to our customers" says Ayad Abul-Ella, General Manager and Vice President of Infineon Fiber Optics.
Under the terms of this agreement, EZconn will acquire all assets and IP needed to continue and to grow the business with FTTx products. Furthermore EZconn will open a design and marketing center in Berlin, Germany retaining key employees of Infineon to continue serving Infineon's & EZconn¡¦s customers.
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