Search
Menu
Gentec Electro-Optics Inc   - Measure With Gentec Accuracy LB

Tyco Buys AT&T Undersea Unit

Facebook X LinkedIn Email
In an effort to strengthen its hold on the undersea fiber optic cable market, Tyco International Ltd. agreed to purchase AT&T Submarine Systems Inc., a manufacturer of undersea fiber optic telecommunications cable. The purchase price was $850 million. Tyco, based in Exeter, N.H., makes disposable medical products, packaging materials, and electrical and electronic components. Tyco has projected the submarine cable unit's revenues at about $1 billion for 1997. In March, the company bought home-security company ADT for $5.4 billion.Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: May 1997
    As We Go To PressBreaking NewsCommunicationsdefensePresstime Bulletin

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.