E.ON extra-high voltage transmission network acquisition by TenneT now

Thursday, Feb 25, 2010

TenneT Holding and E.ON AG have today completed the sale of E.ON’s extra-high voltage transmission network. All conditions of the sale have been fulfilled. In the takeover, TenneT has procured all shares in E.ON subsidiary, Transpower Stromübertragungs GmBH (transpower), with effect from 31 December 2009. The agreed company value amounts to EUR 885 million. The purchase price as of 25 February 2010 is based on the net financial position of transpower on 31 December 2009, which was determined to be approx. EUR 1.1 billion. This sum includes transpower’s current liquid assets as of the reference date.

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FCI Acquires Assets Of MergeOptics

Wednesday, Feb 24, 2010

FCI, a leading manufacturer and provider of connector and cable assembly solutions to the data, communications, consumer, industrial and medical markets. has acquired the assets of MergeOptics (www.mergeoptics.com), a manufacturer of active optical cables (AOCs) and optical transceivers. This acquisition will allow FCI to leverage MergeOptics’ leadership position in AOCs to complement FCI’s passive and active copper cables assemblies to address data and communications market applications.

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Binder Releases Torque Wrench for Field-Attachable Connectors

Wednesday, Feb 24, 2010

Binder-USA is pleased to announce the release of a new torque wrench for its 7/8” Series 820 connectors. The tool is designed to aid in connecting and disconnecting 7/8” field-attachable cable connectors with hex shaped locking nuts. The 7/8” connectors are ideally suited for DeviceNet applications in industrial automation environments.

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Tata Communications & Middle Eastern operators to work with Tyco Telecommunications

Wednesday, Feb 24, 2010

Tata Communications has announced that Tyco Telecommunications, will be constructing the TGN gulf cable system. Tata Communications’ partners in the TGN gulf project, namely Bahrain Internet Exchange in the Kingdom of Bahrain, Nawras of Oman, Qatar Telecom of Qatar, Mobily of the Kingdom of Saudi Arabia and Etisalat of the United Arab Emirates will each be an exclusive landing party for the TGN gulf cable system. Tata Communications and its partners intend to build on this cable project as part of strategic relationships that will support the development of an extended portfolio of advanced telecommunications services such as global ethernet, MPLS based VPN, managed security, IaaS (Infrastructure as a Service) and global telepresence. All these services are ideally suited to support both local and global enterprises, which are very active in this rapidly expanding emerging market region.

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