Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

MEMS Industry Group's 10th Annual Executive Conference Showcases Rapid Innovation in MEMS/Sensors: Emphasizes Spirit of Collaboration, Supporting First Open-Source Algorithm Community, New Standardization Efforts November 10th, 2014

MEMS & Sensors Technology Showcase: Finalists Announced for MEMS Executive Congress US 2014 October 23rd, 2014

IEEE International Electron Devices Meeting To Celebrate 60th Anniversary as The Leading Technical Conference for Advanced Semiconductor Devices September 18th, 2014

Carbyne morphs when stretched: Rice University calculations show carbon-atom chain would go metal to semiconductor July 21st, 2014

Announcements

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Leica Microsystems Presents Universal Hybrid Detector for Single Molecule Detection and Imaging at SfN and ASCB: Leica HyD SMD - the Optimal Detector for Precise and Reliable SMD data November 20th, 2014

Silver Nanoparticles Produced in Iran from Forest Plants Extract November 20th, 2014

Nano Sorbents Able to Remove Pollutions Caused by Oil Derivatives November 20th, 2014

Events/Classes

Sustainable Nanotechnologies Project November 20th, 2014

Leica Microsystems Presents Universal Hybrid Detector for Single Molecule Detection and Imaging at SfN and ASCB: Leica HyD SMD - the Optimal Detector for Precise and Reliable SMD data November 20th, 2014

Nanometrics Announces Upcoming Investor Events November 19th, 2014

Arrowhead to Present at Upcoming Conferences November 15th, 2014

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

SUNY Poly Student Awarded Fellowship with the U.S. Department of Energy's Postgraduate Research Program: Ph.D. Candidate Accepts Postmaster's Appointment To Conduct Research At Albany NanoTech Complex November 13th, 2014

MEMS Industry Group's 10th Annual Executive Conference Showcases Rapid Innovation in MEMS/Sensors: Emphasizes Spirit of Collaboration, Supporting First Open-Source Algorithm Community, New Standardization Efforts November 10th, 2014

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

New nanodevice to improve cancer treatment monitoring October 27th, 2014

Photonics/Optics/Lasers

NRL Scientists Discover Novel Metamaterial Properties within Hexagonal Boron Nitride November 20th, 2014

Penn engineers efficiently 'mix' light at the nanoscale November 17th, 2014

'Direct writing' of diamond patterns from graphite a potential technological leap November 5th, 2014

Outsmarting Thermodynamics in Self-assembly of Nanostructures: Berkeley Lab reports method for symmetry-breaking in feedback-driven self-assembly of optical metamaterials November 4th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE