Alpha Networks Inc. (TWSE: 3380), the leading supplier of network communication solutions and its subsidiary Interactive Digital Technologies Inc. (IDT) (TWSE: 6486) announced today (11/14) that the two companies will be acquiring a joint stake in Fiber Logic Communications (hereinafter referred to as “Fiber Logic”), the leading developer and manufacturer of digital microwave devices in Taiwan. Digital resilience has been designated as a key area of national development so the move will lead to further advances in digital microwave communication systems that will boost the market coverage of digital microwave products, introduce more telecommunications-grade microwave equipment products and expand the overall communications portfolio of the Alpha Networks Group.
Alpha Networks and IDT will both be backing the investment as the complementary nature of digital microwave communication product portfolios and channels is expected to produce strong synergies. A 37.654% stake in Fiber Logic will therefore be acquired for NT$609 million with Alpha Networks holding 31.657% and IDT holding 5.997%.
Fiber Logic carries out 100% of its R&D and manufacturing in-house in Taiwan. It is also one of the few vendors in the world capable of developing and manufacturing large telecommunications-grade digital microwave systems. Microwave equipment developed and manufactured by Fiber Logic provides reliable transmission and communication quality in fragile mountainous regions and over- water for offshore islands. IDT is also a key player in custom microwave communication solutions for defense and military-industrial applications. The new alliance with Fiber Logic will boost the Alpha Networks Group’s applications and portfolio in microwave communications technology.
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《Alpha Networks Inc.》
Alpha Networks Inc. was founded in 2003 and is one of the largest professional network equipment manufacturers in Taiwan. With years of experience in product development and design, Alpha Networks has been a major provider of network product design, R&D, and manufacturing for renowned global brands. The Company’s product lines cover Local and Metropolitan Area Networks (LAN/MAN), wireless broadband networks, digital multimedia, and enterprise mobile solutions. Alpha Networks Inc. is headquartered in Hsinchu Science Park, Taiwan, and the Company owns 3 major R&D centers worldwide, as well as subsidiaries in North America, Japan, China, and Vietnam. For more information on Alpha Networks Inc., please refer to the company’s website (www.alphanetworks.com).
《News Contact》
Claire Chen
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E-mail: Claire_Chen@alphanetworks.com