As suspected, the Picolight Corp.acquisition means E2O -- the first JDSU (Nasdaq: JDSU; Toronto: JDU) long-wavelength VCSEL play -- didn't pan out. "We chose not to pursue it," says Mike Ricci, senior vice president, of E2O's VCSEL. "What's nice about the Picolight VCSELs is that they're far along with the technology."
Picolight is already shipping in high volume and, having been around since the dawn of time (1999 anyway), is an established enough name for carriers to recognize.
Ricci wouldn't say what exactly derailed the E2O products but he did note long-wavelength VCSELs are a difficult technology. "With Picolight, we feel comfortable they've cracked the nut," he says. But the Picolight buy wasn't precipitated by some failing of E2O's, he says.