Syntune Buys Into Svedice

Syntune acquires controlling stake in Svedice AB

April 18, 2008

1 Min Read

STOCKHOLM -- Syntune AB, a developer of innovative single-chip tunable lasers and transmitters, announced that it has taken a controlling equity position in Svedice, a leading European provider of customized InP semiconductor solutions. Svedice, based in Järfalla, Sweden, provides foundry services in its state-of-the-art, ISO-certified, clean room facilities. They provide III-V epitaxial growth, materials characterization, etching, metallization and testing for advanced technology products. Syntune has partnered with Svedice to produce a complete array of widely tunable products, including the world’s first commercially available, widely tunable transmitter on a single chip.

The tunable laser market has now passed the 100,000 per year mark and is expected to grow 25% to 30% per year through 2012. “With the tunable laser market continuing to expand, it became imperative that we needed to strengthen our relationship with our chip supplier,” stated Syntune CEO, Patrik Evaldsson. “Syntune has a strong, guaranteed supply chain that is demanded by our expanding customer base, thanks to a controlling interest in Svedice and a cooperative agreement with CyOptics, our packaging partner.”

Syntune AB

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