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3M sells Communications division to Corning for USD 900 mln

2017-12-11 16:41:00| Telecompaper Headlines

(Telecompaper) 3M is exiting the telecom networks market and selling substantially all of its Communication Markets division to Corning for USD 900 million. The business includes optical fibre and copper passive connectivity products, including 3M's xDSL, FTTx, and structured cabling products and, in certain countries, telecommunications system integration services. The business has annual global sales of around USD 400 million.

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Category:Telecommunications

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