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

Tyco Buys AT&T Undersea Unit

Photonics Spectra
May 1997
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.

As We Go To PressBreaking NewsCommunicationsdefensePresstime 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
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.