EKINOPS has signed an agreement to acquire the OTN-Switch (Optical Transport Network) platform developed by Padtec, an optical communications system manufacturer based in Brazil, for for €10 million.
Headquartered in Lannion, France, EKINOPS provides optical transport solutions for service providers and private networks worldwide. The OTN technology developed by Padtec will allow Ekinops to meet growing market demand for this type of technology.
The rapid growth of data traffic on the Internet, which is fueled by new services such as big data, cloud computing and 5G, requires the construction of new networks providing higher bandwidth (200G-400G) and meeting strict requirements in terms of latency, synchronization and flexibility. By developing a new generation of OTN products, Ekinops will meet the requirements of mobile operators, in particular for their 5G networks.
With this acquisition, Ekinops expects to be able to offer a complete OTN/DWDM solution for optical networks from early 2020, enabling flexible data traffic and support for the evolution of data speeds and protocols transmitted over 200-400G modulated optical wavelengths, eventually reaching 1Tbps (terabit per second).
The new product line will enable Ekinops to target the major operator core networks market segment with the objective to triple its optical transport product sales within 5 years.