Aditya Birla Capital Advisors (ABCAP), the private equity arm of the Aditya Birla Financial Services Group (ABFSG), today said that it had acquired a minority stake with a Rs95-crore investment in Alphion India Private Limited (AIPL).
AIPL, a subsidiary of Princeton, New Jersey-based Alphion Corporation, manufactures optical fibre-to-the-premises (FTTx) access systems, sub-systems and integrated photonic devices.
Its access systems offer optical networking solutions for the rapidly emerging FTTx market and the portfolio includes a full range of products for central office, outside plant, customer premise and network management.
Alphion is a full member of the ITU FSAN group and a leader in developing key technologies for the next generation of passive optical networks.
Alphion is the pioneer in developing all optical PON (passive optical network) network extension solutions to extend the reach of broadband services. Alphion GPON solutions enable the convergence of wireless and wire-line networks as it is suitable not only for multiple-play voice, high speed Internet, data and video services but also for backhaul of WiMax, 2G/3G/4G cellular and future wireless networks.
''Alphion is a unique player in the telecom sector offering proprietary R&D based, very high speed optical networking systems and solutions which empower carriers and local service providers to deliver high quality services with substantially lower operating costs,'' said Bharat Banka, CEO of ABCAP.