POET Technologies Acquires Super Photonics Xiamen

December 31, 2024

POET Technologies completed the acquisition of the remaining 24.8% equity in Super Photonics Xiamen (SPX) from Quanzhou San'an (Sanan) for US$6.5 million (payable over five years) and purchased SPX's production equipment for US$3.8 million. The deal gives POET 100% ownership of SPX, strengthens its ‘China Plus One’ manufacturing footprint and expands production capacity for 800G+ optical engines serving AI and hyperscale data center markets.

Buyers
POET Technologies Inc.
Targets
Super Photonics Integrated Circuit Xiamen Co., Ltd. (SPX)
Sellers
Quanzhou San'an Optical Communication Technology Co., Ltd. (Sanan)
Industry
Manufacturing
Location
Fujian, China
Transaction Type
Buyout

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