"The sale of our Optical Products group follows our strategy of narrowing our focus to markets where we can maintain a strong leadership position, while improving operational efficiencies to build a more profitable business," said Kirk Mandy, President and CEO, Zarlink Semiconductor. "This transaction enables us to target our sales and product development efforts on network timing, medical wireless and line circuit initiatives to expand our presence in these markets, build deeper customer relationships and address immediate and long-term revenue growth opportunities."
With the sale of its Optical Products group, Zarlink is now focused on its key growth initiatives in the network timing, medical wireless and line circuit markets. These include:
- Network timing products that help carriers deliver time-sensitive voice, video, data and multimedia traffic over packet networks, including Timing-over-Packet and Synchronous Ethernet solutions for wireless backhaul and new ClockCenter products for optical transport networks (OTN);
- Medical wireless radio chips and modules enabling high-speed, ultra reliable communication between implanted medical devices, including pacemakers and implantable cardioverter-defibrillators (ICDs), and monitoring and programming equipment;
- Line circuit technology enabling high-quality telephone service over cable and broadband networks.