$56-million acquisition

    July 1, 1996

    $56-million acquisition

    Mitel Corp., San Diego, has acquired ABB Hafo AB of Jarfalla, Stockholm, Sweden, from Asea Brown Boveri AB for $56 million. The Swedish company manufactures high- performance optoelectronic components for communications markets. Mitel, an international telecommunications solutions supplier, provides customer premises equipment, semiconductors, public switching systems, network enhancement and gateway products.

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