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Anova Acquires AOptix Division

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CHICAGO, Feb. 17, 2016 — Anova Technologies Inc. has acquired the AOptix ULL3000 ultralow-latency telecommunication division, giving the company its own proprietary hardware platform, complete with all requisite intellectual property.

“This was a natural evolution for us; we wholeheartedly believe that the best solutions are the ones that are not replicable and by adding a patented, leading-edge laser/[radio frequency] hardware division to our company further sets us apart from other providers using off-the-shelf kit,” said Mike Persico, founder and CEO of Anova.

The ULL3000 system supports wireless communications by using high-capacity laser radios to deliver a combination of bandwidth, availability and distance. Building on technology originally developed for deep space research and then field-validated in advanced military defense applications, Anova said it can now wirelessly deliver multigigabit capacity.

In addition to the intellectual proeprty and personnel, Anova purchased ULL3000-centric inventory, certain critical piece parts, testing components and support.

“It was also important to us to ensure there was no drop-off in the servicing of these units,” said Kieran Athy, Anova's chief technology officer.

Anova Technologies provides transport and hardware for the electronic trading space with long-distance hybrid laser communication connectivity, and patented and deployed endpoint termination devices.
Feb 2016

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