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IPG to Acquire Optical Transmission Firm Menara for $46.8M

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OXFORD, Mass., May 10, 2016 — IPG Photonics Corp. said it has entered into a definitive agreement to acquire Menara Networks Inc., developer of enhanced optical transmission modules and systems. The cash purchase price is $46.8 million, subject to closing adjustments. The deal is expected to close in the second quarter of 2016....Read full article

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