
ANDevices
A Fremont, Calif-based optics company focused on communications and bio-photonics applications.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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ANDevices was a Fremont, California-based provider of photonic devices for the telecommunications market. The company specialized in designing and supplying components for Fiber-to-the-Home (FTTH), Reconfigurable Optical Add-Drop Multiplexer (ROADM), and long-haul communication sectors.
The core of ANDevices' product offering was its planar lightwave circuit (PLC) platform. This technology is optimized for integrating multiple optical functions onto a single chip, a key factor in miniaturizing and enhancing the efficiency of optical networking equipment. The company's business model revolved around supplying these PLC-based photonic devices to other manufacturers and system integrators in the optical communications industry. Its client base consisted of companies developing and deploying advanced optical networks.
Throughout its operation, ANDevices secured a total of $8.62 million in funding across multiple venture capital rounds, including a Series A in February 2004 for $6.12 million, with AsiaTech Management being one of its investors. A significant milestone in the company's history occurred in February 2008, when it was acquired by Enablence Technologies, a developer of FTTH transceivers. The acquisition was valued at approximately $13.5 million in cash and over 9 million common shares of Enablence. At the time of the acquisition, Jacob Sun served as the CEO of ANDevices. The deal provided Enablence with a dedicated wafer fabrication facility and complemented its existing product lines, as ANDevices was already a key supplier of PLCs to them.
Keywords: photonic devices, planar lightwave circuit, PLC platform, fiber optics, optical communications, FTTH, ROADM, long-haul communication, optical networking, fiberoptic equipment, wafer fabrication, Enablence Technologies, Jacob Sun, AsiaTech Management, telecommunications components