The acquisition, as per the company, will increase EXFO’s global test and measurement (T&M) addressable market by approximately US$150 million to more than US$1 billion
EXFO Inc. has announced the closing of the acquisition of InOpticals Inc., a technology company offering ultra-high-speed test instruments for the laboratory and manufacturing markets. InOpticals, based in Taiwan, supplies sampling oscilloscopes, bit-error rate testers (BERTs) and other critical test instruments to optical component and network equipment manufacturers. The company was founded in 2017.
“EXFO has made strategic investments in recent years, both internally and through acquisitions, to increase its footprint in the rapidly growing lab and manufacturing test segments,” said Germain Lamonde, EXFO’s founder and Executive Chairman.
Lamonde added, “This latest acquisition of InOpticals raises our T&M addressable market to more than $1 billion by expanding our high-end portfolio related to 400G and 800G technologies. Ultimately, it will allow EXFO to strengthen its leadership position in the global fiber-optic test equipment market.”
InOpticals’ product portfolio addresses the high-growth 400G and 800G sectors like silicon photonics-based transceivers, active and passive components, as well as integrated test systems for R&D and manufacturing use cases.
The acquisition, as per the company, will increase EXFO’s global test and measurement (T&M) addressable market by approximately US$150 million to more than US$1 billion.
“We’re excited to be joining EXFO, truly a global leader in optical testing. Combining EXFO’s global reach and market knowledge with our proven innovation capability will allow us to jointly have a more significant impact in this high-growth market,” had said Jones Huang, CEO of InOpticals.
“InOpticals’ solutions will be integrated into EXFO’s industry-leading test and measurement (T&M) product family. The amount of the transaction was not disclosed,” read company’s official statement.