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Corning Acquires BT'sPhotonics Technology Research Center

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CORNING, N.Y, Feb. 15 -- Corning Inc. has reported that it will partner with British Telecommunications (BT) on researching photonics technology. As part of the process of establishing this research partnership, Corning has acquired BT's Photonics Technology Research Center (PTRC) -- located at BT's Adastral Park in Martlesham, Suffolk, UK -- for approximately $66 million. According to Charles W. Deneka, Corning's chief technology officer and executive vice president for science and technology, the company expects the integration of the PTRC research portfolio into Corning's technology...Read full article

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    Published: February 2000
    CommunicationsindustrialNews & Features

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