Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > UGent and imec launch silicon photonics spin-off Caliopa

Abstract:
Silicon photonics allows for small, highly integrated & low power optical transceivers for data and telecommunication.

UGent and imec launch silicon photonics spin-off Caliopa

Ghent, Belgium | Posted on September 24th, 2010

Ghent University (UGent) and imec today announced the creation of Caliopa, a spin-off from their world leading Photonics Research Group. An initial 2 million Euro in funding was raised from Baekeland, Fidimec, PMV-Vinnof, a private investor and the founders. Caliopa will develop and market advanced silicon photonics based optical transceivers for the data and telecommunications markets.

According to the latest Market Forecast from LightCounting LLC, the premier market research firm for optical communications, the global sales of optical transceivers will reach $2.4 billion in 2010, with the market posting a 13% compound annual growth rate (CAGR) between 2011 and 2014, as the industry catches up with the steadily growing demand for bandwidth.

"Multiple optical components can be replaced with a single optical chip by using silicon photonics allowing us to develop small, highly integrated and low power optical transceivers. The ability to make these silicon photonics components at standard CMOS manufacturing facilities also makes it commercially very attractive" commented Martin De Prycker, CEO of Caliopa. "Key potential customers have expressed great interest in Caliopa's solutions stating that port density and power consumption are the major concerns in driving the growth of optical networks."

Caliopa will be able to build on the know-how, intellectual property and experience of years of research by the world renowned Photonics Research Group at Ghent University and imec led by Prof. Roel Baets. In addition, it will use the expertise in silicon processing of the world-leading nanoelectronics research center imec. To develop its first products, the company raised 2 million Euro in funding from a consortium of investors led by Baekeland, Fidimec and PMV-Vinnof.

Caliopa currently counts 7 team members, composed of technical experts from imec/UGent and industry veterans with over 75 years cumulative management experience in the high tech industry. The company is planning to double this team in the next 12 months.

####

About IMEC
Imec performs world-leading research in nanoelectronics. Imec leverages its scientific knowledge with the innovative power of its global partnerships in ICT, healthcare and energy. Imec delivers industry-relevant technology solutions. In a unique high-tech environment, its international top talent is committed to providing the building blocks for a better life in a sustainable society. Imec is headquartered in Leuven, Belgium, and has offices in Belgium, the Netherlands, Taiwan, US, China and Japan. Its staff of more than 1,750 people includes over 550 industrial residents and guest researchers. In 2009, imec's revenue (P&L) was 275 million euro. Further information on imec can be found at www.imec.be.
Imec is a registered trademark for the activities of IMEC International (a legal entity set up under Belgian law as a "stichting van openbaar nut”), imec Belgium (IMEC vzw supported by the Flemish Government), imec the Netherlands (Stichting IMEC Nederland, part of Holst Centre which is supported by the Dutch Government), imec Taiwan (IMEC Taiwan Co.) and imec China (IMEC Microelectronics (Shanghai) Co. Ltd.).

About Silicon Photonics
Silicon photonics offers the possibility of large cost savings (in materials, components, and energy consumption) and a significant increase in capabilities. The ability to use standard microelectronic CMOS manufacturing facilities and processes makes silicon photonics commercially very attractive.
The sub-micron precision of these standard microelectronic CMOS processes allow for silicon photonics components to integrate a variety of optical functions in a very small chip that consumes far less power than traditional optical components. The decades of experience making (electronic) chips from silicon as well as the installed base of (silicon) semiconductor manufacturing capacity can be leveraged to build highly integrated low-cost optical components for a variety of applications. The performance, enabled by the high accuracy of the semiconductor manufacturing tools, is an important benefit but of even more interest is the potential to lower costs and increase volume production, much as it is in the regular semiconductor industry.
Silicon photonics technology has become mature enough to potentially disrupt the component supply-side of electronic and telecom/datacom markets.

About Caliopa
Caliopa aspires to be a market leader in advanced optical transceivers for the data and telecommunication markets. The company was incorporated in 2010 as a spin-off of the Photonics Research Group of Ghent University and imec to commercialize a decade of research in Silicon Photonics. Benefitting from the advantages of Silicon Photonics, Caliopa will develop and market optical transceivers that offer advanced functionality, higher port density and lower power consumption.
Caliopa is privately held by a consortium of investors including Baekeland, FIDIMEC, Vinnof and private investors.

About UGent
Ghent University was founded in 1817 and is one of the leading institutions of higher education and research in the Dutch speaking region of Western Europe today. Ghent University's eleven faculties are composed of more than 130 departments all together. These departments offer high-quality courses in every one of their scientific disciplines, each inspired by innovative research. Ghent University is an open, committed and pluralistic university with a broad international perspective. Located in Flanders, the Dutch-speaking part of Belgium and the cultural and economical heart of Europe, Ghent University is an active partner in national and international educational, scientific and industrial cooperation.
Photonics is a field in which Ghent University excels. The Photonics Research Group is one of Europe’s leading groups in the field of photonic integration. It hosts three ERC-grant holders. Recently Ghent University has founded a multidisciplinary research platform in the field of photonics: the Center for Nano- and Biophotonics (‘NB Photonics’), thereby clustering the resources and knowhow of 12 professors from four different faculties. The technology transfer in the field of photonics is taken care of by a specific unit: the Photonics Innovation Center ‘Plateau’, which was instrumental during the incubation phase of Caliopa. Also with respect to education in photonics, Ghent University takes a leading role by coordinating an international master program in this field.

About Baekeland II Fund
In 2005 the partners of the Ghent University Association, together with Fortis Private Equity Belgium, KBC Private Equity, Ethias, Volksvermogen and the ARKimedes Fund, a subsidiary of PMV, the investment company for Flanders, established Baekeland Fund II. This fund was created with capital of 11.1 million EUR. Baekeland Fund II invests in mainly high-tech companies that have grown out of the research labs of Ghent University, Hogeschool Gent, Arteveldehogeschool or Hogeschool West-Vlaanderen. Baekeland Fund II is operationally managed by UGent TechTransfer, assisted by investment managers from KBC Private Equity and Fortis Private Equity Belgium. For more info, see www.baekelandfonds.be

About Fidimec
Through its daughter company FIDIMEC NV, imec supports the incorporation of spin-off companies. During the feasibility studies and the incubation period the starting company can rely on starting capital, infrastructure and personnel. FIDIMEC Invests in incubation projects to lay the foundations for incubation projects to become viable companies. In this process FIDIMEC tries to attract a maximum of external sources of financing.

About Vinnof
PMV-Vinnof (the Flemish Innovation Fund) provides seed capital for young, innovative companies and start-ups in Flanders. Vinnof is a 100 % subsidiary of PMV, the investment company for Flanders. More information on Vinnof is available on www.vinnof.be

For more information, please click here

Contacts:
Karsten Verhaegen
COO
Caliopa
tel: +32 9 2415 606
fax: +32 9 2415 656

www.caliopa.com

Copyright © IMEC

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

News and information

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Making sense of metallic glass February 9th, 2016

Electron's 1-D metallic surface state observed: A step for the prediction of electronic properties of extremely-fine metal nanowires in next-generation semiconductors February 9th, 2016

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, Magic Leap, Raises $793.5 Million in New Funding February 3rd, 2016

Israel: A Nanotech Superpower: Did you know that Israel is a hotbed for nanotechnology research and development? February 1st, 2016

PEN Inc. Announces 1-for-180 Reverse Stock Split January 27th, 2016

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2016 January 13th, 2016

Announcements

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016

Photonics/Optics/Lasers

Scientists create laser-activated superconductor February 8th, 2016

Nanoscale cavity strongly links quantum particles: Single photons can quickly modify individual electrons embedded in a semiconductor chip and vice versa February 8th, 2016

Organic crystals allow creating flexible electronic devices: The researchers from the Faculty of Physics of the Moscow State University have grown organic crystals that allow creating flexible electronic devices February 5th, 2016

Scientists guide gold nanoparticles to form 'diamond' superlattices: DNA scaffolds cage and coax nanoparticles into position to form crystalline arrangements that mimic the atomic structure of diamond February 4th, 2016

Alliances/Trade associations/Partnerships/Distributorships

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016

Vesper Collaborates with GLOBALFOUNDRIES to Deliver First Piezoelectric MEMS Microphones: Acoustic sensing company works with top foundry to support mass-market consumer products January 21st, 2016

Imec and Cloudtag Collaborate on High Quality Frictionless Wearables for Lifestyle Coaching: Next-generation health and fitness tracker Cloudtag TrackTM launched at CES 2016 January 7th, 2016

Technical partnership at the top – Oxford Instruments and Zurich Instruments announce a technical collaboration for low temperature physics January 7th, 2016

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







Car Brands
Buy website traffic