Precision Optical Technologies acquires Opticonx
Opticonx, which has been in business for 26 years, offers design and manufacturing experience in the assembly of standard and complex fiber optic cable, furcation tubing, cable assemblies and connectivity solutions.
David Halladay, president and CEO of Precision Optical Technologies said the deal reflects the growing movement to control customer product quality by developing products in the United States.
“The acquisition of Opticonx marks a major milestone in our company’s history,” he said. “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 last week, and integration efforts are currently underway.
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About the Author
Sean BuckleySean Buckley
Sean is the Editor-in-Chief of Lightwave. He establishes and executes Lightwave's editorial strategy across its website, email newsletters, events, and other information products. Before coming to Lightwave in July 2023, he served as editor of Broadband Communities. Earlier, he served as senior editor of FierceTelecom and the editor of the former Telecommunications Magazine. He got his start in the optical industry in 1998 when he became the editor of enterprise and optical networks at Information Gatekeepers. He has a BA in English from the University of Massachusetts, Boston, and lives in Dracut, Mass, with his wife, two sons, and his cat, Dove.
