Mergers and Acquisitions

Altice Europe has closed a transaction to sell a stake of 49.99 per cent in SFR FTTH, the operator’s fibre to the home business.

Chinese transceiver supplier, Broadex Technologies has acquired the UK and Europe operations of Kaiam.

Nvidia and Mellanox today announced that the companies have reached a definitive agreement under which the former will acquire the latter.

Lumentum and Cambridge Industries USA have entered into a strategic partnership.

Swiss cabling firm, R&M has acquired US fibre optic cable and connectivity company, Optimum Fiberoptics.

Padtec has agreed to sell its submarine optical systems division to IPG Photonics.

US-Midwest based telecommunications company Bluebird Network is to be acquired by infrastructure investment fund, Macquarie Infrastructure Partners (MIP) for an undisclosed amount.

Cisco is to acquire semiconductor company, Luxtera for $660 million in cash, with the intention to incorporate its technology across the company’s intent-based networking portfolio, spanning enterprise, data centre and service provider markets.

Huntingdon, UK - Comtec Group has completed the acquisition of Cablelines Pronet, the branded structured cabling division of A&GP Trading, for an undisclosed amount.

Altice Europe subsidiary Altice France has entered into an exclusivity agreement with three investment funds to sell a minority equity stake of 49.99 per cent in its French fibre optic business, SFR FTTH, for a total cash consideration of €1.8 billion based on a €3.6 billion equity value.