FTTH Merger: TXP Unites with Cambridge Industry Group
08/21/2008
In what could have major effects on the FTTH market, TXP Corporation (TXPO) and Cambridge Industry Group have agreed to merge. The result is the world’s largest original design manufacturing and services company focused on FTTH customer premises equipment. The merger brings together two independent suppliers of Passive Optical Network (PON) Optical Network Terminal (ONT) solutions to form the world’s largest ODM and services business focused on FFTH CPE. The combined company would have the industry’s widest family of ONT solutions, supporting a broad array of both indoor and outdoor PON ONTs, as well as residential gateways for the worldwide market. The companies expect their joint venture will give them an enhanced capability to better serve customers while continuing to develop next-generation FFTH CPE products. “Together, CIG and TXP are better equipped to address the total needs of our global base of customers for GPON access,” said Michael C. Shores, President and Chief Executive Officer of TXP. Gerald G. Wong, CEO of Cambridge Industries Group added, “A combined company brings a new independent supplier of GPON ONTs to market that is capable of delivering carrier-class products at CPE pricing levels.”
Share this article: Email,
Slashdot, Digg,
Del.icio.us, Yahoo!MyWeb,
Windows Live Favorites,
Furl
Add this article feed to: RSS, My Yahoo, Newsgator, Bloglines
|