Tuesday, January 11, 2011
Luxtera Sells Business Unit
Carlsbad-based Luxtera, the venture backed provider of CMOS photonics products, has sold its Active Optical Cable (AOC) business to Molex. Financial terms of the sale were not disclosed. Molex, a major supplier of cables and interconnects, announced the acquisition this morning, saying that the deal includes all aspects of Luxtera's existing and future AOC business, including its current Quad Small Form Factor Pluggable (QSFP+) 40Gbps Ethernet and Infiniband products and customers. Luxtera is funded by August Capital, New Enterprise Associates, Sevin Rosen Funds, and Lux Capital.