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Padtec to sell submarine systems division to IPG Photonics

Monday 21 January 2019 | 09:20 CET | News
Brazilian optical communications systems manufacturer Padtec has agreed to sell its submarine optical systems division to US-based multinational IPG Photonics. The transaction, worth BRL 75 million, will close shortly, subject to usual conditions. 

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Categories: Fixed
Companies: Padtec
Countries: Brazil
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