ASX-listed Arasor begins international expansion

New offices in India and China

One of the first Silican Valley companies to list on the Australian Stock Exchange, Arasor International, is leveraging its strong local R&D base to launch operations in Beijing and Bangalore.

The company's CEO, Simon Cao, said today Arasor has opened offices in both markets.

He described China and India as hyper growth opportunities claiming initial interest has exceeded expectations.

In the last six months, Arasor has made two strategic acquisitions including the Bandwidth Foundry in Sydney and Xalted Wireless in India.

The Bandwidth Foundry is a Sydney-based photonics manufacturing technology development centre which was founded in 2002 and funded under the federal government's Major National Research Facility program (MNRF).

The Foundry facilitates photonics innovation and commercialisation by providing prototyping facilities and services to developers of photonic integrated circuits.

In addition, the highly skilled team specialises in photolithography foundry services including photo mask production and direct laser writing of optical materials which are central to realising Arasor's research and commercialisation goals.

Acquiring the Foundry gave Arasor immediate access to an excellent R&D facility in Australia.

"Acquiring the Bandwidth Foundry to bring the critical mask design and fabrication process in-house was strategically important to Arasor's business strategy for India and China as it enables the company to ramp up production to meet the demands of these growth markets," Cao said.

"Already there is a lot of interest in the Arasor masks from the Indian semiconductor industry as a result of our successes in wireless with their National Telecom Carrier BSNL."

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