POET Technologies Inc.

over 8 years ago

In the last part of today's NR, I automatically thought of Facebook and Google :

POET is in advanced discussions with a leading institution to enter into a joint development agreement that will evaluate the adaptation of the POET platform for potential applications in micro-displays for the burgeoning Augmented Reality market.

Dr. Venkatesan noted that POET is positioned at the confluence of next-wave mega-trends that both encompass and extend beyond data communications and stated: “Photonics is experiencing a post-telecom second wave of growth – this one, fuelled by consumers engaged in always-on social networking, cloud computing, Software as a Service (SaaS) and the ubiquitous devices that are central to our lives,” said POET Chief Executive Officer Dr. Suresh Venkatesan. “Social Networking, Cloud Computing, the Internet of Things and the growth of mega-datacenters are galvanizing a renewed growth spurt in photonics. We believe, POET is at confluence of these megatrends. And we believe we are in the position not just to ride them, but to drive them.”