Before revision: according to another description, WDM and DWDM Multiplexing Powerpoint presentation, School of Electronic and Communications Engineering, Dublin (Ireland), slide 61 transceivers are limited to providing an electrical-optical function only (not differentiating between serial or parallel electrical interfaces), whereas transponders convert an optical signal at one wavelength to an optical signal at another wavelength (typically ITU standardized for DWDM communication).
After revision: according to another description, transceivers are limited to providing an electrical-optical function only (not differentiating between serial or parallel electrical interfaces), whereas transponders convert an optical signal at one wavelength to an optical signal at another wavelength (typically ITU standardized for DWDM communication).