SAN JOSE, Calif.--(BUSINESS WIRE)--GigOptix, Inc. (NYSE MKT:GIG), a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, today announced that the underwriters in the previously announced public offering, pursuant to the terms of an underwriting agreement, exercised in full their previously announced option to purchase 1,425,000 newly issued shares of common stock at a price to the public o