wiredinUSA December 2014

INDEX

JV cable approved

Wire acquisition

Telesintese reports that the board of directors of Brazilian state-owned telecommunications infrastructure provider Telebras has approved a plan to create a joint venture with IslaLink to lay an undersea cable between Brazil and Europe. The deal is yet to be evaluated by regulatory bodies and agencies. The partnership was announced in January. Under the agreement announced at the time, Telebras will have 35 percent and IslaLink a 45 percent stake in the venture, with the balance held by investment funds.

Alpha Wire has acquired Coast Wire and Plastic Tech of Carson, CA. Coast specializes in custom wire and cable for the medical, instrumentation, industrial, semiconductor, and commercial electronic markets. “We are pleased to add Coast to the Alpha family,” says Mike Dugar, president of Alpha Wire. “With the addition of Coast’s expertise in custom cable design and manufacturing, we offer a superior array of cabling solutions for our targeted markets, including medical device manufacturers and industrial machine builders.”

wiredInUSA - December 2014

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