Prysmian Group to acquire data cable business in Germany from Corning

The acquired business reported sales of approximately €22m in 2015, and consists of a plant for the production of CAT5, CAT6 and CAT7 cables.
The investment will allow the Group to further expand its presence and speed up growth strategy in theMultiMedia Solutions business segment. In particular the acquired business will enhance the Group’s product offering for high-capacity and flexible cable for data transmission and data centre solutions.
The closing of the acquisition is subject to customary closing conditions.
 
 
 
 

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

You May Also Like

HD Connectivity launches HDanywhere Modular

HD Connectivity launches HDanywhere Modular HD Connectivity will be at ISE 2013 (Booth 5-U117) ...

delicious-1853300_1920

Nisbets: Should Restaurants Offer Wi-Fi To Their Customers?

Free Wi-Fi in a restaurant, bar or café is always promoted to customers, and ...

hotel_green_shot-1

Mobotix Secures Torridon Hotel and Inn, Scotland’s Most Notorious Hotel

The Torridon Hotel and Inn is one of Scotland’s most notorious hotels, but despite ...

Share This