Four-level pulse amplitude modulation (PAM-4) is widely regarded as the modulation format of choice for the next generation of 400 gigabit Ethernet short-reach optical transceiver. However, generating and receiving PAM-4 at line rates of 112 Gb/s has proven challenging, without relying on power-hungry tools as digital signal processing and digital-to-analog converters, as it requires linearity from the E/O-components in the link and/or predistortion techniques. Moving the binary to multilevel conversion to the optical domain would greatly relax these requirements. Electro-absorption based transceivers would be ideally suited for this type of data center interconnects as they are capable of combining low-power and high bandwidth operation with a very compact layout, removing the need for large travelling wave structures and dedicated 50Ω terminations. In this paper, we present a novel transmitter topology for generating PAM-4 using two binary driven electro-absorption modulators in parallel. Using this approach, we achieve superior performance with respect to a single, but identical multilevel driven EAM. Finally, we demonstrate the first silicon-based modulator capable of transmitting single-lane 112 Gb/s PAM-4 over 2 km of standard single-mode fiber without any electrical DAC, DSP or long transmission line structures and terminations.