Finisar Corp. (FNSR) To Provide FLEDGE Platform to Telecom System Companies

Finisar Corporation is a technology leader in fiber optic solutions for high-speed access and has partnered with Nistica, a global supplier of agile optical modules, to provide FLEDGE reconfigurable add/drop optical multiplexers to telecom system companies in Europe, North America and Chine sales channels. In an earlier announcement from Mistica, Finisar has taken part in a $9 Million Series B funding round for the three year old New Jersey company. This investment by Finisar positively declares the company’s commitment to provide customers with leading edge technology for a gradually developing optical communications market.

As per the partnering agreement, Finisar will market through its sales channels all Nistica’s ROADMs, including FLEDGE 2, FLEDGE 3 and FLEDGE 10 for edge node applications, and the FULL FLEDGE ROADM announced earlier by Nistica.

Jerry Rawls, CEO of Finisar stated, “Finisar has built a track record of firsts in optical communications, and in our work with Nistica, we will continue that reputation. We have great confidence in the FLEDGE devices and are particularly focused on the emerging demand for Nistica’s FULL FLEDGE ROADM module for metro applications. This is the right functional mix with the right economics for agile optical networks.”

Nistica, CEO Ashish Vengsarkar stated, “It means a great deal to us in terms of market validation that Finisar and its customers have immediate interest in FULL FLEDGE. Above and beyond today’s needs, we believe that we can mesh well with Finisar’s future pipeline, helping to ensure the best in agile optical modules for high-capacity network applications.”

“It is heartening to see emerging optical subsystem companies embrace innovative business models in addition to delivering unique technologies to the market,” said Daryl Inniss, Vice President of Communications Components with Ovum RHK. “Having established a manufacturing base in Asia, and having created strong technology partnerships, Nistica has sealed a strategic relationship with industry-leader Finisar. I believe this is a well-thought approach for an emerging optical component supplier to gain sales traction.”

Nistica’s FLEDGE series gives forth innovative devices that carry out the requirements of an agile optical network, while automating and simplifying optical systems deployment and reconfiguration in edge and core networks. Nistica now enables cost-effective ROADM functions anywhere in the optical network.

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