Silicon photonics firm Kotura Inc of Monterey Park,CA,USA,which designs and makes silicon photonics application-specific integrated circuits(,computing,sensing and detection markets,has ranked 131st on Deloitte's Technology Fast 500,a ranking of the 500 fastest-growing technology,media,telecoms,life sciences,and clean technology companies in North America.Award winners were selected based on percentage fiscal year revenue growth from 2007 to 2011.During the period,Kotura's revenue grew by 848%.
"The silicon photonics market continues to grow at a very rapid pace,"says president&CEO Jean-Louis Malinge."Our expertise in applying silicon photonics to the telecommunications industry has expanded to additional markets like data centers and high-performance computing that have new requirements for high-speed,low-power data transfer,"he adds.
"The companies on the Fast 500 list are among those that have demonstrated remarkable innovation,creativity and business savvy,"says Bill Ribaudo partner,Deloitte&Touche LLP and national TMT leader for audit and enterprise risk services(AERS)."As a result,these companies have continued to successfully forge ahead in a challenging economic environment.We applaud the leadership and employees of Kotura for this impressive accomplishment."