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Telecom Companies and Venture Capitalists Back New Photonics Center

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With an eye on the growing optical communications market, Richardson, Texas-based Startech Inc. has announced the creation of its photonics development center. Supporters of the center include the University of Texas in Dallas; ADC Telecommunications in Portland, Ore.; Alcatel in Paris; Fujitsu Network Communications in Richardson; MCI WorldCom headquartered in Jackson, Miss.; Nortel Networks in London; and a group of venture capitalists. The aim of the center is to penetrate the optical communications market, a sector some analysts project will be worth $15 billion by 2004. Startech's center...Read full article

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    Published: December 1998
    BusinessCommunicationslight speed

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