AOptix Finds a Buyer for Some Radio Tech

Systems integrator partner of AOptix buys low-latency radio link tech for trading networks.

Dan Jones, Mobile Editor

February 10, 2016

1 Min Read
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

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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