Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Tech acquisitions in 2014

List of tech acquistions in 2014... It gives an idea of the value of POET

http://www.out-law.com/articles/2014/february/tech-acquisitions-in-2014/

Some examples....

Connected devices – analytics

Bidder: Google
Target: Nest Labs
Value: $3.2 billion
What is unique about the technology?
Besides their artistic appearance Nest Lab's thermostat and smoke alarm products are designed to assist their owner. The thermostat, manually set a couple of times, will learn the user's routine and then set itself automatically, whilst the smoke alarm will tell you when it requires batteries. Both devices can be remotely controlled by its user's smartphone.

Apps

Bidder: Facebook
Target: WhatsApp
Value: $19 billion
WhatsApp, today's most popular mobile chat app has more than 450 million regular users, increasing at the rate of 1 million a day. It has taken only 5 years to build this user group, over which time WhatsApp has been eroding the SMS market and revenue for traditional telecoms.

Virtual Reality

Bidder: Facebook, US
Target: Oculus Rift, US
Value: $2 billion
Oculus Rift is developing a virtual reality headset which is at present predominantly being tested and worked on by games developers.

Internet of Things

Bidder: Nest Labs, Google Inc., US
Target: Dropcam Inc., US
Value: $555m
Dropcam Inc. produces cameras for the home that can be used as a security device and accessed and controlled via a smartphone or other mobile device.

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