Under the FP7 HELIOS project a 16 channel 10G transceiver based on a separate integrated transmitter incorporating hybrid lasers and modulators on silicon and a separate receiver both for 1550nm wavelength range has been demonstrated. An MZM (ITLMZ) chip consisting of a single mode hybrid III-V/silicon laser, a silicon Mach-Zehnder (MZ) modulator and an optical output coupler exhibited 10G operation with high BER. A 200GHz 16 channel receiver with polarization management was obtained with a 2D grating coupler, 2xAWGs and 16 Ge photodiodes. Polarization Dispersion Loss (PDL) was below 1dB, Bandwidth (BW) above 20GHz, receiver sensitivity in the order of 0.08 A/W