Precision OT continues the month with more big news with the announcement of the acquisition of Opticonx. The acquisition is a strategic move that will further strengthening Precision OT’s position in the optical networking market and enhancing its capabilities to serve a wider range of applications.
David Halladay, President & CEO of Precision Optical Technologies, Inc. spoke excitedly of the recent events, saying, “The acquisition of Opticonx marks a major milestone in our company’s history. It reinforces our ongoing dedication towards supporting domestic manufacturing, and ensures our customers have access to products that meet the highest standards of quality and reliability.”
This strategic decision brings together two organizations with shared values and a mutual commitment to supporting broadband connectivity worldwide. The acquisition was finalized this week, and integration efforts are currently underway.
To view the entire press release, click here.
The company has been making more strategic moves, recently announcing their strategic partnership with Charter Communications. The partnership will support Charter’s evolution of next-generation broadband services.
Interested in meeting with Precision OT? The company will be onsite at the SCTE Cable-Tec Expo, held October 16-19 in Denver, Colorado. Visit Booth #565 to check in on their full range of optical networking services and solutions.
To learn more about Precision OT, visit https://www.precisionot.com.