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OpVista on the Block?

11:15 AM -- OpVista Inc. is on the verge of being sold, apparently.

Analyst Paul Bonenfant of Morgan Keegan & Company Inc. has been tracking the situation there, and according to a note he's published today, OpVista says it "is in exclusive talks with an acquirer." Bonenfant thinks it's Emcore Corp. (Nasdaq: EMKR).

The "exclusive" part makes it sound like a deal is likely -- as opposed to the open-ended "on the block" status of who-knows-how-many tech companies these days.

Around New Year's, we'd caught a rumor about OpVista closing down. OpVista managed to punt that away, but, as with a lot of rumors, that one turned out to have a nugget of truth.

OpVista's technology might be just fine, but that's not enough to overcome startup status. Bonenfant thinks AT&T Inc. (NYSE: T) likes the company's 40-Gbit/s technology but is not willing to put its faith in a startup. Meanwhile, OpVista's got a story for 100-Gbit/s transport that can travel on a 10-Gbit/s network. (See OpVista Unveils 40G Muxponder, OpVista Runs With DMC for 40-Gig, and Opvista Launches CX8.)

This would be an interesting deal, because Emcore is more into transceivers and components than systems. (And it's even better known for its solar-power products, which have raised some questions -- see Sour Taste for Emcore and Emcore Preps Solar Separation.)

— Craig Matsumoto, West Coast Editor, Light Reading

unobserver 12/5/2012 | 4:05:12 PM
re: OpVista on the Block?

Is the company still alive or gone?


05/08/2009

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