Analysis

OCP eyes Japanese market with $20m GigaComm buy

Optical Communication Products Inc is paying $20m for GigaComm Corp, a Taiwan-based company that is a leading provider of passive optical network fiber-to-the-home components to the Japanese market.

CBR Staff Writer July 16, 2006

Woodland Hills, California-based OCP, which has forecast that revenue for the quarter to June 30 will be in the $14m to $16m range, estimates that the deal will boost revenue by 25%.

OCP said the Japanese FTTH market was the largest in the world and the number of subscribers nearly doubled from 2.9 million at the end of March 2005 to 5.4 million by March 2006. GigaComm was the market leader in Gigabit Ethernet Passive Optical Network modules, the standard widely deployed in Japan.

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