Business > Mergers & Acquisitions | Lightwave

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China approves II-VI/Finisar deal, closing date set

II-VI Inc. has finally received approval from the State Administration for Market Regulation of the People’s Republic of China (SAMR) for the company’s planned acquisition of Finisar Corp. – with a small catch.

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Bluebird Network closes sale to Macquarie Infrastructure Partners, expands fiber network

The deal immediately expands Bluebird Network’s fiber footprint in the Midwest, thanks to a tie up with REIT Uniti Group Inc.

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Vast Broadband buys NTS with help from new funding

The purchase expands Vast’s residential and business services customer list by more than 20,000.

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Grain Management to buy Hunter Communications

Founded in 1992, Hunter provides data and voice service to residential and business customers in southern Oregon and parts of northern California.

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Grain Management to buy Florida’s Summit Broadband

The purchase, which is subject to customary closing conditions and regulatory approvals, is expected to close during the fourth quarter of this year.

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II-VI to refile Finisar purchase approval request with Chinese authority

The company says the action should not adversely affect the review process of the deal, which II-VI management now expects to close this fall.

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Hargray continues buying spree with Kingsland Cable/Internet

The deal will expand Hargray's network in the Southeast – a footprint that has grown with the recent acquisitions of Dark Fiber Systems, the Alabama footprint of USA Communications, and ComSouth since May 2018.

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Utility Telecom Group buys Freeway Communications

Utility Telecom Group, LLC has announced that it has begun integration of Los Angeles based broadband provider Freeway Communications, LLC after reaching an acquisition agreement this past February.

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eStruxture to buy Shaw Communications’ Calgary-1 data center

The two companies also signed a complementary agreement whereby Shaw will maintain a wholesale relationship with eStruxture and resell colocation services through the Calgary-1 data center facility.

CEO Michael Hurlston will Finisar before the close of the company's sale to II-VI.

Finisar CEO Hurlston to depart before sale to II-VI closes

Finisar Corp. has revealed that CEO Michael Hurlston is leaving the company to pursue another, unspecified opportunity. He was not expected to be offered a position with II-VI.

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II-VI: Timer on Chinese approval of Finisar buy hasn’t rung yet

The company issued the statement after financial news source DealReporter reported July 31, 2019, that II-VI had been forced to re-file the application.

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GTCR, Mega Broadband Investments strike again with Vyve Broadband acquisition agreement

Headquartered in Shawnee, OK, and founded in 2012, Vyve provides triple-play services to residential and business customers in Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming.

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GTCR, Mega Broadband Investments to acquire broadband assets of Eagle Communications

Founded in 1948, and headquartered in Hays, KS, Eagle’s broadband operations serve customers in Kansas, Nebraska, and Colorado. Eagle also owns and operates radio stations that are not part of the pending deal.

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Cisco, Acacia Communications assure customers

Executives at Cisco Systems and Acacia Communications have sent a letter to customer assuring them that Cisco plans to continue to support the needs of Acacia’s customers after it acquires the company.