Moscow, Russia – May 14, 2013 – NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of photonic integrated circuit, or PIC, based optoelectronic modules and subsystems for bandwidth-intensive, high speed communications networks, today announced the opening of a Sales and R&D office in Moscow and servicing the Russian Federation and the broader eastern European market.
“We are pleased to make this commitment to our customers and technology partners in the region, and to build on the growing demand in the region for advanced telecommunications and enterprise data solutions,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Together with our expanded sales force serving the region, this is the next step in our local business development activities including a greater research presence and the potential for production of advanced PIC-based solutions.”
As noted in last year’s announcement, NeoPhotonics completed a private placement investment with the Russian sovereign fund investor RUSNANO.