Prysmian Group

NEWS

Prysmian to acquire General Cable for $3B in cash

The world’s largest cable systems company will become even larger when Prysmian Group completes its planned acquisition of General Cable, announced this week.

Prysmian Group has signed a definitive agreement to acquire General Cable for $30 per share in cash, in a deal that values General Cable at $3 billion, including debt and certain liabilities. The transaction, which has already been approved by the boards of both parties, is expected to close by the third quarter of 2018.

Prysmian Group

At this year’s OFC exhibition energy and telecom cable specialist Prysmian Group (booth 2647) will be showcasing its WideCap-OM5 multimode fibre for high-speed data communications and BendBrightXS 200µm optical fibre for high-density optical cables.

In addition, during the technical conference, Prysmian researchers will discuss how next-generation multimode fibres can be optimised to support WDM operations in data communications and space-division multiplexing operations in telecommunications to allow migration to higher bit rates and achieve higher capacity.

Feature

Six months after it became mandatory for copper and fibre cables supplied to EU/EEA member states to comply with the Construction Product Regulation and carry CE marking, Keely Portway asks what, if any, effect this has had on cable suppliers

Feature

To continue growing data traffic, optical scientists are tackling tough questions about nonlinear effects in optical fibre, discovers Andy Extance 

Feature

January of this year saw Jerry Rawls step down as chief executive of Finisar, a company he had grown from obscurity to worldwide success. He talks to Rebecca Pool about building his empire, the firm’s new CEO and a future that could include Oclaro*