Precision Optical Technologies acquires Opticonx

Oct. 16, 2023
The latest deal will expand market reach and enhance the product portfolio.
Precision Optical Technologies has purchased Opticonx, a US-based manufacturer of fiber cabling components and systems. The company said the move aims to further strengthen Precision OT’s position in the optical networking market and enhance its capabilities to serve a broader range of applications.

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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