Applied Optoelectronics has raised $10M in its Series D private equity investment round

February 23, 2006

1 Min Read

SUGAR LAND, Texas -- Applied Optoelectronics, Inc., a leading manufacturerof laser diodes, photodetectors, and optical modules for fiber optic communications systems, hasraised $10 million in its Series D private equity investment.This capital infusion brings the total investment raised by AOI since its inception in early 1997to $39 million.

AOI specializes in the manufacture of high-performance transmitter lasers, photodetectors, andrelated assemblies for fiber optic networks including cable television, wireless, and highperformance digital optical networks.With over 130 employees at its headquarters near Houston and its offices in Providence, RI andSunnyvale, CA, USA and Taipei, Taiwan, AOI is a world leader in the production of highperformanceoptical components.

“As we continue to expand our product line to address new markets such as Fiber to the Home(FTTH), it is important to maintain a healthy balance sheet,” explains Dr. Thompson Lin,Founder, President and CEO of AOI. “With this additional invested capital, we will maintainadequate cash reserves to allow us to move quickly into new areas as opportunities presentthemselves.”

AOI is a dominant global force in the fiber optic component business, which is expected to totalmore than $1.4 billion worldwide in 2005. With over 230 customers in 24 countries, AOI servesdiverse communications markets.

“AOI’s fundamental innovations in the manufacture of fiber-optic devices allow us to producehigh-performance devices with little of the waste and inefficiency that is endemic to most fiberoptic component manufacture,” explains Dr. Fred Chang, AOI’s Vice President ofManufacturing.

Applied Optoelectronics Inc. (AOI)

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