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ECI Acquires Chinese Optical Business

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PETAH TIKVA, Israel, April 15 -- ECI Telecom announced it has signed a definitive agreement to acquire the optical activities and technology of Eastern Communications Co. Inc. (Eastcom), of China, for an undisclosed amount. ECI said the acquisition broadens its multiservice provisioning platform (MSPP) product line. The operations of the acquired unit will be merged with ECI's existing joint venture, Hangzhou ECI Telecommunications Co. Ltd. "With this acquisition, ECI now adds a cost-effective R&D and manufacturing operation in China," said Doron Inbar, president and CEO of ECI Telecom. "This...Read full article

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    Published: April 2005
    CommunicationsEastcomEastern CommunicationsECI TelecomHangzhou ECI TelecommunicationsindustrialMSPPmultiservice provisioning platformNews & Features

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