Telecoms equipment manufacturer Lucent intends to acquire a fibre optics specialist for $35 million to give it a foothold in the military, aerospace and medical industries.
Spectran will be incorporated into Lucent's network products group, which already develops a range of fibre optic equipment for telecoms carriers. A spokesperson said that the acquisition would enable it to sell into the industrial automation sector.
He explained: "Spectran develops specialist fibre technology for applications such as medical, military and aerospace - areas that Lucent is not in. For instance, it makes fibre optic for laser surgery and oil and gas exploration."
But he added that it was too early to say how Spectran's technology would be integrated into Lucent's telecoms based fibre equipment.
The two companies have worked together in the past, and last year Lucent gave Spectran rights to some of its fibre technology for use in its manufacturing operations.
Lucent was also one of Spectran's major customers, and will retain its headquarters in Sturbridge, Massachusetts. No redundancies among the 500 strong workforce are expected.
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