Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > NeoPhotonics Ranked Number Two in Deloitte's 2007 “Technology Fast 50” for Silicon Valley Internet, Media & Entertainment and Communication Companies

Abstract:
NeoPhotonics today announced the company has been named the second ranked firm in Deloitte's "Technology Fast 50" for Silicon Valley, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.

NeoPhotonics Ranked Number Two in Deloitte's 2007 “Technology Fast 50” for Silicon Valley Internet, Media & Entertainment and Communication Companies

San Jose, CA | Posted on October 31st, 2007

Rankings are based on the percentage revenue growth over five years from 2002-2006. Deloitte announced their list of the Silicon Valley Fast 50 companies last night at an event held at the Computer History Museum in Mountain View, CA. Deloitte also designated NeoPhotonics as their eighth ranked company in their Technology Fast 500 Program for North America.

NeoPhotonics Chairman and CEO Tim Jenks credits the company's global expansion strategy with leading communications equipment companies combined with a series of successful product introductions - leveraging the company's planar optical integration and MEMS technology platforms - as well as a strong M&A strategy for NeoPhotonics' revenue growth from 2002-2006.

"Over the last five years we have added the technology and talent from five companies to achieve a robust product portfolio in optical components for access, metro and long-haul networks, with significant market penetration in many regions around the world," said Tim Jenks. "Recognition such as this is a testament to the hard work of the company's more than 2000 employees worldwide."

NeoPhotonics' increase in revenues of 16,169 percent from 2002 to 2006 resulted in a number two ranking in the Internet, Media & Entertainment and Communication category of the Technology Fast 50 for Silicon Valley. According to Deloitte, the average increase in revenues among companies who made the Technology Fast 50 was 1,455 percent.

"Sustaining high revenue growth over five years is an exceptional accomplishment and we commend NeoPhotonics for making the commitment to technology and its financial results to date," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP. "We are proud to honor NeoPhotonics to Deloitte's Technology Fast 50."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Silicon Valley, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.

####

About NeoPhotonics
NeoPhotonics Corporation is a leading developer and vertically integrated manufacturer of photonic integrated circuit based components, modules and subsystems for use in telecommunications networks. Our products include active semiconductor, passive PLC and MEMS multi-dimensional switching functions in a single product. This integration is enabled by integration, 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.

NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

For more information, please click here

Contacts:


For NeoPhotonics Corporation
LouVan Communications Inc.
Michael Newsom, +1-508-541-9036
Mobile: +1-617-803-5385

Copyright © Business Wire 2007

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

MEMS

Robust new process forms 3-D shapes from flat sheets of graphene June 23rd, 2015

Slip sliding away: Graphene and diamonds prove a slippery combination June 10th, 2015

MEMS Industry Group Hosts Its First MEMS/Sensors Conference Session at Transducers 2015: MIG Speakers Will Explore Technology Transfer, Emerging MEMS/Sensors, Manufacturing Infrastructure and Process Technology, June 23 in Anchorage June 3rd, 2015

Janusz Bryzek Joins MEMS Industry Group to Lead New TSensors Division - New Division will Focus on Accelerating Development of Emerging Ultra-high Volume Sensors Supporting Abundance, mHealth and IoT May 14th, 2015

Announcements

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Groundbreaking research to help control liquids at micro and nano scales July 3rd, 2015

NIST Group Maps Distribution of Carbon Nanotubes in Composite Materials July 2nd, 2015

Events/Classes

Nanometrics to Announce Second Quarter Financial Results on July 23, 2015 July 2nd, 2015

Leti Announces Launch of First European Nanomedicine Characterisation Laboratory: Project Combines Expertise of 9 Partners in 8 Countries to Foster Nanomedicine Innovation and Facilitate Regulatory Approval July 1st, 2015

How Graphene–based Nanomaterials and Films Revolutionize Science Explained in July 9 Webinar Hosted by Park Systems June 29th, 2015

Graphene breakthrough as Bosch creates magnetic sensor 100 times more sensitive than silicon equivalent June 28th, 2015

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Discovery of nanotubes offers new clues about cell-to-cell communication July 2nd, 2015

World’s 1st Full-Color, Flexible, Skin-Like Display Developed at UCF June 24th, 2015

Physicists fine-tune control of agile exotic materials: Tunable hybrid polaritons realized with graphene layer on hexagonal boron nitride June 24th, 2015

Photonics/Optics/Lasers

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Opening a new route to photonics Berkeley lab researchers find way to control light in densely packed nanowaveguides June 27th, 2015

The quantum spin Hall effect is a fundamental property of light June 25th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project