Taken from the audio transcript (thanks by the way to Rainer and those who contributed)

Refining the business model

16:07 – The second priority we defined, refining our business model and charting a new go to market strategy. As we said on September 30th, we are pivoting the business model of this company from a purely licensing model to one that has its underpinnings on products, augmented with judicious licensing. Over the last several months we have undertaken several concrete steps to pursue this business model. On the product side, we have begun to build a team with the experience to launch products in our targeted markets. We’ve also progressed discussions with external parties to assist in our product launch activities. In parallel, we are in advanced discussions with highly renowned institutes for joint development agreements to develop applications in other market segments using the POET technology platform. Finally, we are also in advanced discussions for opportunistic transactions to broaden our product portfolio. Though we cannot ensure the conclusion of these discussions we believe we have made promising progress.

It is quite possible that Infinera is one of the external parties or the highly renowned institutes Subhash was talking about.

Perhaps