3M

3M offloads communications division to Corning for $900M

Corning has agreed to buy substantially all of 3M’s Communication Markets Division to for $900 million in cash. The deal is part of the company’s strategy to spend $1 billion to $3 billion in acquisitions, Corning said.

3M’s communications business, which has annual global sales of about $400 million, consists of optical fibre and copper passive connectivity products for the telecom industry – including xDSL, FTTx and structured cabling systems – and, in certain countries, telecom system integration services.

3M releases improved BPEO closures for FTTH installation

3M has launched its latest generation of BPEO splice closures for fibre-to-the-home (FTTH) distribution networks. (BPEO is an abbreviation of boite protection environmental optique, a name that has been known within the industry for more than a decade.)

Providing fast and consistent quality of installation, the new BPEO product family aims to bring FTTH network cabling projects within reach of a far wider range of suppliers, without needing to always depend on highly qualified fibre-optic engineers.

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