NeoPhotonics today announced the company has been selected by Red Herring magazine for its list as one of the 100 most promising technology innovators in the world. The publication selected its "Global 100" based on a company's innovation potential within in its particular industry.
NeoPhotonics Corporation is a leading developer and vertically integrated manufacturer of photonic integrated circuit (PIC) based components, modules and subsystems for use in telecommunications networks.
Red Herring editors assess nominees on both quantitative and qualitative criteria such as: financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem.
"We were pleased to have been able to grow our business in 2009 and are honored to receive this award," said Tim Jenks, NeoPhotonics CEO and Chairman. "Our technology innovation has continued apace, and remains an important part of our strategy of meeting customer demand in our market segments."
NeoPhotonics products, designed for access/FTTH, metro/regional and long-haul networks, include active semiconductor, passive PLC and MEMS multi-dimensional switching functions in a single platform. This integration is enabled by nanomaterials and nanoscale design and fabrication technologies. Backed by leading venture capital firms and institutional investors, NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in Silicon Valley and Shenzhen, China.