November 2, 2007 — NeoPhotonics Corp. has been named the second ranked firm in Deloitte’s “Technology Fast 50” for Silicon Valley, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, a professional services organization.
Rankings are based on percentage of revenue growth over five years from 2002-2006. Deloitte announced its list of the Silicon Valley Fast 50 companies this week at an event held at the Computer History Museum in Mountain View, Calif. Deloitte also designated NeoPhotonics as its eighth ranked company in its Technology Fast 500 Program for North America.
Tim Jenks, NeoPhotonics chairman and chief executive, credits the company’s global expansion strategy with leading communications equipment companies combined with a series of successful product introductions — leveraging the company’s planar optical integration and MEMS technology platforms — as well as a strong M&A strategy for NeoPhotonics’ revenue growth from 2002-2006.
“Over the last five years we have added the technology and talent from five companies to achieve a robust product portfolio in optical components for access, metro and long-haul networks, with significant market penetration in many regions around the world,” said Jenks. “Recognition such as this is a testament to the hard work of the company’s more than 2,000 employees worldwide.”