Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Lucent Acquires SpecTran

Photonics Spectra
Aug 1999
Telecommunications giant Lucent Technologies of Murray Hill, N.J., has agreed to purchase specialty optical fiber manufacturer SpecTran Corp. Terms of the deal include a cash transaction of $64 million, or $9 a share, plus the assumption of $35 million in SpecTran debt. The deal builds off a relationship forged last year giving SpecTran rights to certain Lucent fiber patents.

SpecTran's division in Sturbridge, Mass., designs optical fiber for premises data communications and telecommunications applications. A second division in Avon, Conn., develops custom-engineered fiber solutions and cable components. The companies expect to close the deal Sept. 30.

As We Go To PressBreaking NewsCommunicationsPresstime Bulletin

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
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.