OFS, Avon, CT Facility is now AS9100D Certified OFS Press Release November 27, 2018 Avon, CT. - OFS, a leading designer, manufacturer, and supplier of innovative fiber optic products has achieved certification of its Avon, CT facility to AS9100D. AS9100 is the internationally recognized Quality Management System standard specific to the aerospace, aviation and defense [...]
Cerberus Completes Acquisition of SubCom Cerberus Capital Management Press Release November 5, 2018 Industry Veteran David Coughlan Rejoins SubCom as Chief Executive Officer NEW YORK, NY – Cerberus Capital Management, L.P. and its affiliates (collectively, “Cerberus”), a global leader in alternative investing, today announced that it has completed the acquisition of the Subsea Communications business [...]
HC2 to Explore Strategic Alternatives for Global Marine Subsidiary HC2 Holdings Press Release October 22, 2018 Deutsche Bank and ABN AMRO Engaged as Joint Advisors NEW YORK -- HC2 Holdings, Inc. ("HC2") (NYSE:HCHC), a diversified holding company, announced today that it is exploring strategic alternatives, including a potential sale, for its Global Marine subsidiary. As [...]
Hexatronic Signs Agreement to Acquire German Fiber Optic Company Opternus GmbH Hexatronic Press Release October 25, 2018 Hexatronic Group AB (publ) (“Hexatronic”) has on 25 October 2018 entered into an agreement to acquire all shares in German fiber optic company Opternus GmbH (“Opternus”). The purchase price is MEUR 10 on a debt-free basis and a [...]
Ekinops Confirms Talks with Nokia on ASN (Alcatel Submarine Networks) Buy By Mary Lennighan, Total Telecom October 19, 2018 French optical transport solutions firm is frontrunner to acquire subsea cables business, according to local press report Ekinops on Thursday confirmed that it is holding preliminary talks with Nokia about the possibility of an acquisition of [...]
Ekinops in Talks to Buy Nokia's Submarine Cables - Challenges Magazine By Gwenaelle Barzic, Ingrid Melander, Leigh Thomas, Reuters October 17, 2018 PARIS (Reuters) - French telecommunications company Ekinops is discussing buying Nokia’s submarine cables division, French business magazine Challenges wrote on Wednesday, without naming its sources. Nokia had said last year it was in [...]
New WFN Strategies Projects Manager Takes the Helm Press Release October 15, 2018 Sterling, Virginia - WFN Strategies, a leading submarine cable and telecommunications engineering firm, is proud to announce and welcome industry veteran Hector Hernandez as Projects Manager. “Hector Hernandez is an outstanding addition to our WFN Strategies team, as he brings a deep [...]
Infinera Appoints David Heard as Chief Operating Officer Infinera Press Release October 9, 2018 Sunnyvale, California – Infinera, provider of Intelligent Transport Networks, announced the appointment of David Heard as chief operating officer (COO), effective October 1, 2018. Heard is responsible for leading the integration of Coriant, the innovation of new solutions and the overall [...]
Pioneer Consulting Appoints Director of Submarine Networks Pioneer Consulting Press Release October 9, 2018 BOSTON, Massachusetts - The well-known international submarine cable consulting firm Pioneer Consulting, has further increased capabilities by greatly adding to its core project team. With over 10 years in system design engineering and project implementation experience, Pioneer Consulting welcomes Mr. Philip [...]
Telkom Kenya Holds Talks Over Two Submarine Cable Landing Deals By Duncan Miriri, Reuters October 9, 2018 NAIROBI, Oct 9 (Reuters) - Telkom Kenya is in talks with two unnamed parties over partnerships to allow it to sell high speed internet capacity from two undersea data cables that are about to land in the East [...]
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