Emcore has acquired Molex Inc's 10 Gigabit (10G) Ethernet transceiver business, including assets, products, technology and IP related to Molex's 10G Ethernet transceiver business, primarily focused on Xenpak and X2 form factor products, and located in Downers Grove, Illinois. Some 17 Molex employees will join Emcore. The business will become a part of Emcore's Fiber Optics division and will initially con tinue to operate in a portion of Molex's Downers Grove facility to be leased by Emcore The 10G Ethernet market is expected to expand significantly in the near term. Tom Hausken, director of optical components at market research firm Strategies Unlimited, expects the market for 10G transceivers operating at 1310nm to grow 66% per year, to over $380m by 2007.
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