CyOptics
Founded Year
1999Stage
Acquired | AcquiredTotal Raised
$276.6MValuation
$0000About CyOptics
CyOptics is a global technology provider in Indium Phosphide based optical components. The comapny's products enable applications in the Fiber-To-The-Home, Cable, Enterprise/Data Center and Long Haul/Metro segments of the communications network, and in other emerging end market applications, such as defense and aerospace, high performance computing, medical and security. In April 2013, CyOptics was acquired by Avago Technologies. The valuation of CyOptics was $400 million. Other terms of the deal were not released.
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Latest CyOptics News
May 24, 2022
Chipmaker Broadcom's deal history under chief Hock Tan By Staff Writer on May 24, 2022 7:35AM In The Spotlight Broadcom is in talks to buy software maker VMWare, according to sources familiar with the matter, a deal that would transform the chipmaker into a diversified tech firm. Buying VMware, which has a market capitalisation of US$40 billion, would be Broadcom's most ambitious attempt at a deal since its effort to buy Qualcomm for US$103 billion failed in 2018. Below is a timeline of Broadcom's major deals under its chief executive Hock Tan: August 2019: Broadcom agrees to Symantec enterprise security business for US$10.7 billion in cash. 11 July 2018: Broadcom says it will acquire US business software company CA Inc for US$18.9 billion, venturing far beyond its realm of semiconductors. 6 November 2017: Broadcom makes an unsolicited US$103 billion bid for Qualcomm Inc, setting the stage for a takeover battle that could reshape the industry at the heart of mobile phone hardware. February 2018: Broadcom withdraws its bid to acquire Qualcomm, two days after US President Donald Trump the attempt. 2 November 2016: Broadcom says it will network gear maker Brocade Communications Systems Inc for US$5.5 billion in cash, to expand its fibre channel and storage businesses. 28 May 2015: Avago Technologies agrees to Broadcom Corp for US$37 billion in the largest merger of chipmakers ever. After the takeover, Avago changes its name to Broadcom. February 2015: Avago says it will Emulex Corp for US$764 million, in a bid to extend Broadcom's presence in storage networks into fiber channel technology. December 2013: Avago says it will LSI Corp for US$6.6 billion, as it turns to the fast-growing storage chip market to counter volatility in its main wireless business. April 2013: Avago says it will optical chip and component maker CyOptics Inc for about US$400 million in cash. (Compiled by Supantha Mukherjee; Editing by Matt Scuffham and Jan Harvey)
CyOptics Frequently Asked Questions (FAQ)
When was CyOptics founded?
CyOptics was founded in 1999.
Where is CyOptics's headquarters?
CyOptics's headquarters is located at 9999 Hamilton Blvd, Breinigsville.
What is CyOptics's latest funding round?
CyOptics's latest funding round is Acquired.
How much did CyOptics raise?
CyOptics raised a total of $276.6M.
Who are the investors of CyOptics?
Investors of CyOptics include Broadcom, TA Associates, Jerusalem Venture Partners, Eurofund, Innovacom and 16 more.
Who are CyOptics's competitors?
Competitors of CyOptics include OneChip Photonics and 3 more.
Compare CyOptics to Competitors
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