growth opportunities to us in the medical, printing and industrial
applications in Japan and North America.
To expand our product portfolio further and to deliver a complete solution, late in 2009 we acquired Xtellus, bringing us a
complete family of wavelength-selective switches (WSS) that
can power reconfigurable optical add/drop multiplexer (ROADM)
applications over the entire optical network, from the edge to
the core. Combining the WSS portfolio with Oclaro’s integrated
subsystem design capability also positioned the company well
in the high-growth ROADM market.
The acquisition also further deepened our technology arsenal,
including liquid crystal and microelectromechanical systems
capabilities. Finally, in mid-2010, we purchased Mintera, a
privately held leader in high-performance optical transport subsystems solutions. That acquisition further broadened Oclaro’s
product portfolio for high-speed, 40-Gb/s telecommunications
and positioned us well to accelerate the development of 100-Gb/s
solutions. It also bolstered our ability to provide complete 40-
Gb/s subsystem solutions to customers who want faster time to
market, and to continue to develop innovative 40-Gb/s optical
components for customers who choose to do their own subsystem
As a result of these acquisitions, Oclaro now has one of the
most complete product portfolios in the industry to serve the
core optical network market, with the scale necessary to fully
leverage our manufacturing capabilities to achieve our financial
objectives, better serve our customers and invest in the next
generation. With the expanded product portfolio, we are well
positioned to grow at a substantial pace over the next two years.
In addition to expanding our product portfolio and addressable
market through 2010, we also restructured our balance sheet to
position us for future success. In one of the most turbulent weeks
in the history of the stock market, Oclaro completed an oversubscribed secondary offering of common stock, adding $77 million
to our balance sheet – which today is very strong, with no debt –
and we are funding our own investments.
As a result of Oclaro’s financial stability and breadth of portfolio, we are now a top-tier vendor and a respected partner of
top-tier customers, a status enjoyed by only a handful of optical
component suppliers to the telecom business. Through the integration process, we have established a powerful corporate culture
based on three core values: Be respectful, be ready to help and
be inventive. This culture is fully aligned to outdistance the competition by being the easiest company to do business with; having
architectural clairvoyance so we can anticipate and drive the
future directions of our markets; leveraging our vertical integration from chips to subsystems as a key differentiator; and being
innovative in everything we do.
We believe that we are poised to outperform the overall market
as a result of our product breadth, deep customer relationships,
technology innovation and expertise, and manufacturing scale.
We have set an ambitious goal to hit the $1 billion revenue mark
within the next two years. With the building blocks we now have
in place, Oclaro is well positioned to be the leading provider of
photonic solutions to the large and growing markets for lasers,
optical components and subsystems.
Greenlee’s Optical Time Domain Reflectometers (OTDRs) provide
the ability to pinpoint fiber optic cable faults down to a millimeter -
from distances of one millimeter to 20 kilometers - without pulling
panels or opening switches. This means finding and making fiber
optic repairs faster and easier, saving hours of re-work.
Unlike other OTDRs, Greenlee provides ultra-high resolution
photon counting technology for fiber characterization with virtually
no dead zone, exceeding all military or telecom requirements.
Featuring a rugged, all-in-one design, the OTDRs have a standard
backlit display and easy-to-use graphical user interface. Combined
with high-sensitivity and real-time updates, Greenlee’s OTDRs
offer everything needed to get the job done right.
©2011 Greenlee Textron Inc. is a subsidiary of Textron Inc.
High-resolution Photon Counting Technology
with zero dead zone
Meet the author
Alain Couder is president and CEO of Oclaro Inc. in San Jose, Calif.;