Acuity Advisors UK, a leading provider of technology mergers and acquisitions (M&A), today announced the acquisition of Optoscribe, a provider of optical networking technology, by Intel, a global leader in the semiconductor industry. Acuity Advisors UK acted as exclusive financial advisor to Optoscribe on the transaction. This acquisition will allow Intel to further expand its portfolio of advanced connectivity solutions for the data center and communications infrastructure markets. Optoscribe is a leading provider of advanced optical networking technology, focusing on the development of innovative solutions for the convergence of data centers, communications networks, and enterprise IT infrastructure.
The acquisition of Optoscribe will enable Intel to further strengthen its position in the optical networking market, as well as expand its reach into the enterprise data center and cloud markets. The combination of Optoscribe’s optical networking technology with Intel’s portfolio of advanced connectivity solutions will provide customers with greater flexibility, scalability, and performance.
Matthew Byatt, Managing Partner at Acuity said:
“We are delighted to have been part of the Optoscribe to Intel transaction. We believe the strategic fit between the two companies is excellent, and the team that worked on the deal did an outstanding job. It has been a pleasure to work with both companies and we are proud of the added value that Acuity Advisors provided to the deal.”