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LightPointe Acquires Teleconnect's Optical Products Unit

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SAN DIEGO, Oct. 12 -- In a move designed to bolster its knowledge of and access to the optical network market, LightPointe Communications Inc. has acquired the Optical Products Division of Teleconnect GmbH in Dresden, Germany. The manufacturing facility will become a wholly owned subsidiary of LightPointe Communications and will operate with the name LightPointe Europe GmbH. Monetary and conditional terms of the acquisition were not released. Establishing a strong position in Germany allows us to better serve international markets where demand is high for broadband, optical networking...Read full article

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    Published: October 2000
    CommunicationsindustrialNews & Features

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