CENiX Announces Plans for Design and Assembly Facility in Allentown.Business Editors and High-Tech Writers ALLENTOWN, Pa.--(BUSINESS WIRE)--Dec. 12, 2000 CENiX Inc., a startup optoelectronics See optoelectronic. company that recently received $25.5 million in funding from an investor group led by prominent Silicon Valley venture capital firm Kleiner Perkins, Tuesday announced plans to build a new 43,600 square-foot design and assembly facility in Allentown. Construction is underway on the new building, which is located at 7360 Windsor Drive in Allentown. Completion and occupancy are scheduled for June 2001. The facility will house new state-of-the-art automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. assembly and testing for the new company's next-generation high-speed optoelectronic Refers to devices that function due to the interaction of light and electronics. For example, an electronic signal is the input to a laser diode, which generates light pulses that are transmitted through an optical fiber. interfaces as well as research, development and administration. It will also serve as CENiX's corporate headquarters. The property is being developed by Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is a real estate development trust (REIT) in the United States that buys, sells, leases and manages approximately 225 commercial properties, no more than 25 industrial parcels of land, mixed-use property, and over 200 acres of undeveloped of Newtown Square, Pa. on a long-term lease agreement with CENiX Inc. Ondra-Huyett Associates Inc. of Allentown is construction manager. The building is designed to accommodate an expansion from 43,600 to 64,600 square feet. Initial employment is estimated to be 60 employees at the time of occupancy, with up to 100 projected by year-end 2001. Since its formation in July 2000, CENiX has grown from five to 50 employees, with 35 professionals locally and another 15 at its product development and marketing office in Irvine, Calif. The company is presently recruiting to fill additional technical positions. CENiX was founded by an internationally known team of senior-level executives with nearly 100 years of cumulative experience in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and optoelectronics. They are: Melvyn Dixon, PhD, president and chief executive officer; Anders Olsson, PhD, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and chief technology officer; Timothy Bock Noun 1. bock - a very strong lager traditionally brewed in the fall and aged through the winter for consumption in the spring bock beer lager beer, lager - a general term for beer made with bottom fermenting yeast (usually by decoction mashing); originally , senior vice president, manufacturing process development; Sung Joon Kim, PhD, senior vice president, product development and marketing; and Ed Coringrato, senior vice president, business development and operations. The company's initial focus is on the development and production of a new generation of high-speed optoelectronic interface that is 75 percent smaller than current discrete versions and includes significantly higher functionality and performance characteristics along with lower power utilization. Customers include all makers of voice and data network infrastructure equipment. Last month, the company announced initial funding of $25.5 million from an investor group led by the prominent Silicon Valley venture capital firm Kleiner Perkins Caulfield and Byers and including Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. and Dongah Elecomm. It is Kleiner Perkins' first venture investment in eastern Pennsylvania. For more information: www.cenixinc.com. |
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