Optical Interconnect Patent Portfolio Of Adolite Is For Sale

Offers Due December 1, 2020

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Nov 12, 2020, 12:51 ET

NEW YORK, Nov. 12, 2020 /PRNewswire/ -- Hilco Streambank, a market leading advisory firm specializing in the sale of intellectual property assets and domain name brokerage, is marketing for sale the patent assets of Adolite Inc., including 9 granted US patents.

With data center infrastructures feeling the pressure of the increasing demand for data, Adolite's patented technology has led the way in developing highly sophisticated and innovative optical interconnect solutions that support data center expansion and keep pace with demand. Rather than relying on traditional embedded fibers, Adolite's patented technology uses polymer to create higher-performance optical transceivers and on-board optics, ranging from 100G (gigabits per second) to 1.2T. It is the only company that uses a patented single-layer polymer FPC (Flexible Printed-Circuit) which allows for higher volume production and lower costs. Adolite's technology serves multiple markets, including data centers, 5G operators and cloud computing providers. Adolite's innovative technology allows customers to meet performance requirements, quickly expand infrastructure and deliver more data to more customers faster.

"With the combination of laser and silicon integrated optics, Adolite's hybrid technology allows for higher bandwidth rates, longer transmission distances, and higher speed connections within data centers," commented Hilco Streambank CEO, Gabe Fried. "Adolite's patented FPC is based on specialized polymer materials and uses a single-layer structure that is simpler and costs less than the alternative three-layer structure."

Offers to acquire the assets are due by December 1, 2020. An auction will be held on December 3, 2020.

Parties interested in the assets or learning more about the sale process should CLICK HERE or contact Hilco Streambank directly using the contact information provided below.

Gabe Fried

CEO

[email protected]

617.458.9355

Ryan Brenner

Analyst

[email protected]

212.993.7213

About Hilco Streambank: Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported Chapter 11 bankruptcy cases, private transactions, and online sales through IPv4.Global, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.

For media and Press:
Gary C. Epstein
EVP Chief Marketing Officer
Hilco Global
[email protected]
847-418-2712

SOURCE Hilco Streambank