Belden Completes Acquisition of Precision Optical Technologies, Inc.
Belden Inc. (NYSE:BDC) today announced it has completed the acquisition of Precision Optical Technologies, Inc. ("Precision Optical Technologies").
"We are excited to welcome the Precision Optical Technologies team to the Belden family," said Dr. Chand. "Precision Optical Technologies' strong position in the optical transceiver market will benefit Belden as we look to grow our solutions offerings in the Enterprise Solutions segment and broadband markets. As networks are upgraded, and bandwidth demands increase, Precision Optical Technologies' products will be critical components as fiber deployments accelerate. Further, combined with Belden fiber and network products, our solutions teams
