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NEC, Sumitomo absorb submarine optic cable specialist
Keywords: fiber optic network OCC Holdings acquisition optical submarine cables
[Summary of tips] NEC Corp. and Sumitomo Electric Industries Ltd have acquired OCC Holdings and its subsidiary OCC Corp., which manufactures fiber optic submarine.NEC and Sumitomo Electric will acquire 100 percent ownership of OCC Holdings, the parent company of OCC, from investment fund managed by the Longreach Group. NEC will hold 75 percent a......Please login or register with us to view this article>>
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