The optical interconnect technologies are a promising solution for high-speed and high-density interconnects because of the high-bandwidth and low-crosstalk properties of optical signals. The next challenge for optical interconnects is to move to a serial data-rate of 25Gb/s or higher [1,2]. To achieve flexible interconnects on a bandwidth demand, a CDR is required to operate at multiple rates in a wide tuning range. A selectable multi-VCO structure is one method to overcome this issue. However, when multi-VCOs are allocated in each channel, the large size of VCOs makes it difficult to achieve a high-density optical link. In this paper, we present a dual-loop hybrid CDR including a phase interpolator (PI) loop for phase tracking and a common VCO loop situated outside the channel areas for frequency acquisition. We develop a quadrant-switching analog PI-loop that has the ability to track the frequency mismatch corresponding to full-rate frequency up to 35Gb/s. The 4-channel driver IC with this dual-loop hybrid CDR is fabricated in 0.13μm SiGe BiCMOS technology. With these circuits, we achieve a driver IC with a multi-rate, ranging from 24 to 35Gb/s, reference-less CDR for flexible optical interconnects. Figure 22.8.1 shows a block diagram of VCSEL driver IC with dual-loop, hybrid CDR, which consists of 4-channel PI-loops for retiming the data and common VCO loops for realizing the reference-less operation. A dual-loop architecture allows us to keep a channel pitch of 250μm and to minimize the increase in datapath length, while enabling a multi-clock rate because large LC-QVCOs can be placed outside of the channels. The PI-loop uses quadrature clocks (CKI and CKQ) and rotates the clock phase in the analog PI according to the input data for data retiming. The VCO loop is applied to realize frequency acquisition in reference-less operation. One VCO loop is enough for the operation because there is no frequency difference in the 4 channels. However, we use two VCO loops, which are placed on both sides of the channels, to minimize clock-path length. Minimum clock-path length enables a full-rate frequency loop, which has lower jitter compared to the frequency loop using frequency-divided signals [3]. We realize the full-rate loop with Pottbacker phase-frequency detector [4]. AND-type quadrature LC-VCOs (LC-QVCO) [5] are employed for low phase noise. We implement three different QVCOs that are manually selectable to realize multi-rate capability, supporting three frequency ranges: 24 to 28GHz, 28 to 32 GHz, and 32 to 35GHz.The PI loop is required for high-speed operation and acts in a more dominant fashion than the VCO loop to realize dual loop. Because the VCO loop can act as only a coarse tune, the PI loop needs fast response corresponding to the frequency mismatch between the VCO clocks and data. Compared to the digital type PI loops [3,6], the analog type PI loop is advantageous for achieving high-speed operation. Figure 22.8.2(a) shows a detailed block diagram of the developed quadrature switching analog PI-loop, wh...