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For Immediate Release OZ Optics Ltd. to Acquire YY Labs Inc. DRAFT RELEASE - Version 1.0 Ottawa, Canada – January 30, 2019 OZ Optics Limited, a world leading supplier of fiber optic products for existing and next-generation optical networks, is set to acquire YY Labs Inc., an advanced technology firm located in Fremont, California. Incorporated in 1997, the company's mission is to develop, manufacture, market, and sell optical components, modules, and instruments for testing and measuring electrical and optical signals. "OZ Optics and YY labs have worked closely together for over a decade" stated OZ Optics CEO Ömür Sezerman. "We feel that their product line of modulator bias controllers are second-to-none in the industry, while their test equipment complements our own product line, particularly their Handheld Optical Spectrometer, their Optical Signal Noise Generator, and their Super Fast Response Erbium Doped Fiber Amplifier". YY Labs owner Yan Yin also shared her satisfaction with the agreement. "OZ Optics' engineering team, manufacturing facilities, and marketing strengths will allow us to reach out and supply a much larger audience. This will ensure our growth moving forward." About OZ Optics Limited
Founded in 1985, OZ Optics Limited designs, manufactures and markets fiber optic components for existing and next-generation optical networks and systems based on proprietary technology, trade secrets and patents. The OZ Optics product line enables customers to develop optical networking systems that transmit data reliably at increasing data rates. OZ Optics also designs and manufactures handheld test and measurement equipment for the fiber optic market. We have recently commenced the delivery of innovative optical sensors that can prevent the loss of millions of dollars, for a broad range of applications. The Company's state-of-the-art design capabilities enable us to rapidly deliver a broad range of high-quality products to meet customer specifications and requirements. OZ Optics is ISO 9001:2015 certified. For more information about OZ Optics Limited and the products, visit www.ozoptics.com OZ Optics contact: Yesim Sezerman 613-831-0981 ext. 3370 sales@ozoptics.com |
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Tel.: 1-613-831-0981 | Toll free: 1-800-361-5415 | Fax: 1-613-836-5089 | sales@ozoptics.com Support | Products | Company | News | Contact OZ | Careers Copyright © 1985– OZ Optics Ltd. All rights reserved. |
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