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

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

Phonons, arise! Small electric voltage alters conductivity in key materials April 22nd, 2015

Iranian Scientists Evaluate Dynamic Interaction between 2 Carbon Nanotubes April 14th, 2015

ASIC Development for MEMS Applications: A Platform Approach March 25th, 2015

Announcements

Nanostructures Increase Corrosion Resistance in Metallic Body Implants May 24th, 2015

Iranian Scientists Use Magnetic Field to Transfer Anticancer Drug to Tumor Tissue May 24th, 2015

Basel physicists develop efficient method of signal transmission from nanocomponents May 23rd, 2015

This Slinky lookalike 'hyperlens' helps us see tiny objects: The photonics advancement could improve early cancer detection, nanoelectronics manufacturing and scientists' ability to observe single molecules May 23rd, 2015

Events/Classes

Haydale Named Lead Sponsor for Cambridge Graphene Festival May 22nd, 2015

Aspen Aerogels to Present at the Cowen and Company Technology, Media & Telecom Conference May 21st, 2015

Directa Plus in Barcelona to present the innovative project GEnIuS for oil spills clean-up activities: The company has created a graphene-based product for the remediation of water contaminated by oil and hydrocarbons May 21st, 2015

Nanometrics Announces Live Webcast of Upcoming Investor and Analyst Day May 20th, 2015

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

What makes cancer cells spread? New device offers clues May 19th, 2015

Researchers build new fermion microscope: Instrument freezes and images 1,000 individual fermionic atoms at once May 13th, 2015

International and U.S. Students and Teachers Headed to Toronto for 34th Annual International Space Development Conference®: Students competed in prestigious NSS-NASA Ames Space Settlement Design Contest May 9th, 2015

Pixelligent Technologies Announces $1M Phase-II OLED Lighting Award From the US Department of Energy May 9th, 2015

Photonics/Optics/Lasers

This Slinky lookalike 'hyperlens' helps us see tiny objects: The photonics advancement could improve early cancer detection, nanoelectronics manufacturing and scientists' ability to observe single molecules May 23rd, 2015

Samtec, Global Provider of Interconnect Systems, Joins IRT Nanoelec Silicon Photonics Program May 21st, 2015

Taking control of light emission: Researchers find a way of tuning light waves by pairing 2 exotic 2-D materials May 20th, 2015

Computing at the speed of light: Utah engineers take big step toward much faster computers May 18th, 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