RUSNANO and NeoPhotonics Corporation, a leading developer and manufacturer of photonic integrated circuits (FIS), as well as modules and subsystems based on such circuits, announced the signing of an investment agreement. The contract provides for the establishment of a company for the development and production of devices based on photonic integrated circuits on the territory of Russia. According to the agreement, RUSNANO acquired the newly issued ordinary shares of NeoPhotonics in the amount of USD39.8 million, which will account for about 17 percent of the outstanding common shares of the company after the transaction closes. Company NeoPhotonics designs and manufactures a wide range of devices that can transfer data at speeds from 10 to 100 gigabits per second.