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Perspective: Pirelli Rolls Back Into Compounds

Eight years after it sold its optical components business to Corning for a staggering $3.6 billion in cash, the Italian company best known for its tires and calendars is back in the compound semiconductor industry.

Pirelli s decision to invest $20 million in InP chip manufacturer CyOptics marks the return of the Italian company to compound semiconductors after an eight-year gap.

Back in September 2000, at the height of the fiber-optic technology boom, Pirelli s optical components division was a key supplier of the 980 nm GaAs-based pump lasers that power the erbium-doped fiber amplifiers (EDFAs) used in long-haul submarine networks.

Then, in a deal that epitomized the freakish nature of the technology bubble, US-based optical fiber manufacturer Corning bought the Pirelli business for a cool $3.6 billion. In cash.

CS International to return to Brussels – bigger and better than ever!

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