AOptix Finds a Buyer for Some Radio Tech

Systems integrator Anova has snatched up some of what radio backhaul and links provider AOptix has to offer, as the company auctions off its assets this week.

Anova says that it has bought hardware and intellectual property related to the AOptix Technologies ULL3000 hybrid laser and radio link. The company had inked a deal to sell the high-speed wireless links to financial trading networks in February 2013, serving its key market. The move appears to be designed to reassure customers using the AOptix links.

"Anova bought less than 10 ULL 3000 model links that were in stock when the doors closed, and purportedly hired one person," a source tells Light Reading.

AOptix is still continuing with its auction in California this Wednesday and Thursday. The company is selling off optical and laser components, test equipment, office furniture and more. (See Exclusive: It's Lights Out for AOptix.)

AOptix has been in operation since 2000. It raised between $120 million to $150 million in funding. The company shut up shop this month.

Light Reading hears that there may be more sell-offs related to AOptix down the line. We'll update the story as more unfolds.

— Dan Jones, Mobile Editor, Light Reading

kq4ym 2/19/2016 | 11:37:41 AM
Re: AOptix, A good idea, managed poorly One employee should be the tip off. Those investor risking $150 million can't be too happy I would certainly guess. But maybe the fire sale of equipment can cut the losses a bit?
Consulta57869 2/12/2016 | 12:06:00 PM
AOptix, A good idea, managed poorly I am a Bay area wanderer from Vancouver Canada.    i know about point to point, very well.    If you can do it by cable, and fiber optics,    in the ground ducts, " DO It ",   if it is quick and a needed necessity,   get this wonder of an optical dada distributor.    Srue it costs money,  but to set up a need,  quickly  this was it.     As to profitability, one only needs to look at what is being auctioned off, to see the test bed set ups,  " there is nothing new " ,   the narrow focus, was lost,    and the big money budget was squandered " in my opinion "    so there is little left,  except the mainstream unit,  " snatched up for a bargain " and only one employee joining forces.    that tells a lot in itself.      Shame on this, it is still needed.     the twenty thousand unit  end to end,   can still be built,   and deployed by the Hundreds, in Cities,   ' OH, Cities are going into the pits "  there is no money for this.   Well it was interesting while it lasted.      Some one will pick this up, and try again.    No one is wanting to build good underground services,     " ask the Telcos and get a laugh "  ,  Thomas Gx,   "rttg"  yvr.ca   
DanJones 2/10/2016 | 4:50:59 PM
Shakeout? This whole sector looks like its going to go through a shakeout!
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