PHIX Photonics Assembly secures next round of financing and LioniX International obtains a majority share.
Tuesday, July 10, 2018: PHIX Photonics assembly (PHIX) moves forward in the next step of its growth due to the recent acquisition of LioniX International BV by Magic Micro Co. Ltd . As part of this acquisition and the further implementation plan towards high volume assembly of Photonic Integrated Circuit (PIC) modules, LioniX International has increased its share in PHIX. This will strengthen its position as a vertical integrated supplier of PIC based modules.
In parallel to this change in ownership, PHIX also secures financial support for the upscaling from semi- automated to fully-automated assembly lines. Both Magic Micro and Panthera International (the original main shareholder of LioniX International) are committing to financially support PHIX for further upscaling. This growth is needed to serve current customers and market demands.
For more information contact Dr. Joost van Kerkhof (j.vankerkhof@phix-pa.com)
