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ZJF Acquires Firecomms

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CORK, Ireland, Dec. 2, 2010 — ZJF Group, an integrated plastic optical fiber system and solutions provider located in China, has acquired Ireland-based Firecomms Ltd., a manufacturer of transceivers for consumer plastic optical fiber. The deal guarantees €5 million investment in R&D, together with the expansion of Firecomms’ engineering team from 18 to 30 people over the next 12 months. It also is expected to facilitate the rapid expansion of Firecomms’ operations in mainland China. "For some time now, mainland China has been our largest market,” said Firecomms CEO, Declan O'Mahoney....Read full article

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    Published: December 2010
    acquisitionsACT Venture CapitalAlps ElectricAsia-PacificAtlantic BridgeBatt O’KeefeBusinessChinaCorkDeclan O’MahoneyEnterprise IrelandEuropeFiber Optic Networksfiber opticsFirecommsIrelandoptical componentsOpticsOptoLockplastic optical fibersemiconductorsSwisscom VenturestransceiversXuping ZhengZhejiangZJF Group

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