CDT Buys Fiber Optic Component Company
PITTSBURGH, April 5 -- In order to bolster its position in the fiber-optic component marketplace, Cable Design Technologies (CDT) is acquiring BoseLAN. Based in Silicon Valley, Calif., BoseLAN develops multiplexers, switches, media converters and Ethernet test equipment used for voice-, video-, and data connectivity-applications. Terms of the acquisition were not disclosed.
This strategic acquisition strengthens our position in the active fiber optic components marketplace and complements our existing fiber optic operations portfolio in Silicon Valley, New England, Canada and Mexico, according to Paul Olson, president and CEO of CDT. BoseLAN will allow us to further penetrate the Competitive Local Exchange Carrier, Application Service Provider and Internet Service Provider (ISP) markets by delivering a comprehensive portfolio of fiber optic products.
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