Communications
Selected Communications Portfolio Companies:

MRV Communications, Inc.
(Original Investment: Fiber Optic Comm., Inc.)
Fiber Optic Comm. was established in 1995. The company was founded by a core team from ITRI and was the first in Taiwan to develop a proprietary process for fused biconical tapered (FBT) couplers and WDMs. The Company’s core technologies are Planar lightware circuit (PLC), thin film filter, micro-optics, fused biconical tapered and interconnects. Fiber Optic Comm. merged with MRV Communications, Inc. (NASDAQ: MRVC) in 2000, expanding MRV’s product offering and thus establishing MRV as a world-class leader in optical network components and systems.

WatchGuard Technologies, Inc.
(Original Investment: RapidStream, Inc.)
RapidStream was founded in March 1998 by three networking veterans from 3Com and Cisco and joined by a team of topnotch design engineers. RapidStream has developed core ASIC technology, named Rapid Core that overcomes major obstacles with today’s VPN and firewall product implementations. Using the Rapid Core ASIC, RapidStream plans to offer a “policy-based engine”, including a full complement of VPN, firewall, and integrated system. RapidStream’s development efforts have already produced seven patents pending for its policy acceleration hardware and software. The Company was acquired by WatchGuard, a public company in Internet security industry, in 2002.

New Elite Technologies, Inc.
NETI was founded in 1996 as an OEM/ODM supplier of active components and subsystems for optical communication industry. Currently, NETI employs more than 130 people and are located in the Science-based Industrial Park in Hsinchu, Taiwan. NETI received Outstanding Photonics Award of Taiwan in both 1998 and 2000 for accomplishments in the innovation, development of technologies and products. Today, NETI designs and manufactures a broad range of fiber optic products including high speed digital transceivers and transponders, DWDM and Single channel EDFA for telecom and for CATV, 1310 / 1550nm linear optical transmitters, and optical receivers. ITIC had exited the investment of NETI with good return right before the optical communication industry correction in 2001.