Dallas, Texas 03/21/2014 (FINANCIALSTRENDS) – PMC-Sierra Inc (NASDAQ:PMCS) ever since it disappointed the markets and its investors with a tepid fourth quarter and full year 2013 results in the last week of January. At that time the investors had shown thumbs down to the stock, as it had reported a 2.2 percent dip in the revenue for the 4Q as compared to 4Q12. Since then has been working towards regaining the investor confidence.
It announced in the second week of March this year that it has managed to get its top of the line fibre transmission solution to be certified to work in a seamless manner with the Acacia Communications developed AC 100 100 G Coherent platform. This means the seamless and transparent interoperability that has been achieved between PMC-Sierra Inc (NASDAQ:PMCS) newly developed processor and Acacia’s “Coherent Module” allows telecom and other service providers to use the hybrid technology framework to offer their customers speeds of up to 100 G OTN.
Expressing his confidence that the tie up will work in favour for both the companies, Acacia Communications Chief Executive Officer and President Raj Shanmugaraj has been quoted to have said that, “By demonstrating interoperability, PMC and Acacia are providing the ecosystem to support the transition to 100G in metro networks worldwide. Our AC100 Coherent module reduces power, cost and size, making 100G for the first time more cost effective than 10G. With PMC’s DIGI 120G also bringing down the cost of 100G OTN switching solution, and the optical performance enabled by our digital signal processing techniques.” He goes on to add that the two firms now expect to see their individual market share go up in the 100G OTN infrastructure domain.
In another move to increase its market access and product offering, PMC-Sierra Inc (NASDAQ:PMCS) has disclosed in the first week of March, that it has tied up with Seagate to offer new solutions which will enable them to “Showcase 12Gb/s SAS and Tiering Storage Solutions”.