Omiino Ltd.
Omiino was backed as a startup by Crescent Capital II LP in a strategic investment aimed at facilitating high-potential growth for this innovative optical transport network (OTN) technology solutions company.
The company developed FPGA programmable chips as an alternative to expensive application-specific integrated circults (ASIC’s) and application-specific standard products (ASSP’s).
The rapid increase in video sharing and internet mobile platforms over wireless and wired networks globally is creating an insatiable demand for bandwidth and forces optical communications equipment vendors to rapidly “deliver high levels of flexibility, integration and performance without raising power consumption or costs into their optical platforms.
Omiino’s acquisition for an circa $20m by Xilinx Inc.underwrites Xilinx’s commitment to ensuring that technology responds to the new realities in the market and enables its customers to bring innovative new products to emerging markets in a space of a few weeks.