  In February 2007 the MAGIC Air Cherenkov Telescope for gamma ray astronomy
was fully upgraded with a fast 2 GSamples/s digitization system. The upgraded
readout system uses a novel fiber-optic multiplexing technique. It consists of
10-bit 2 GSamples/s FADCs to digitize 16 channels consecutively and optical
fibers to delay the analog signals. A distributed data acquisition system using
GBit Ethernet and FiberChannel technology allows to read out the 100 kByte
events with a continuous rate of up to 1 kHz.
