NeoPhotonics (NYSE: NPTN) is a leading provider of photonic integrated circuit-based modules, components and subsystems for use in optical communications networks. The company’s genesis was as a technology company with the ability to integrate active and passive optical materials using the company’s proprietary nanomaterials-based processes, and it has since expanded through acquisitions.
NeoPhotonics was originally spun out from a RockPort portfolio company, NanoGram Corporation. While the company’s materials-based optical technology was the primary area of focus for the company when RockPort first invested, NeoPhotonics has demonstrated the value of being nimble in challenging markets such as the telecommunications industry in the early to mid 2000’s. Arguably one of the leading optical components companies serving the telecommunications market today, this company is an excellent example of a management team’s drive and creativity.