01 Sep 2014
Southampton firm is targeting oil and gas industry applications.Fibercore, the Southampton, UK-based developer of specialty optical fiber today announced its acquisition of Fibertronix, Hudiksvall, Sweden. Financial details of the deal were not released.
The Fibertronix product-range encompasses specialty fiber and coatings, targeted at harsh environment applications within both the oil and gas and medical industries and utilizes the innovative photonic technologies developed at leading Swedish research institute, Acreo Swedish ICT.
Fibercore CEO, Dr Christopher Emslie commented, “This acquisition is a key part of Fibercore’s long-term strategy to support the oil and gas industry’s increasing demands for specialty optical fiber and harsh-environment cables.
"Combining Fibertronix’s cutting-edge technology in hermetic carbon and high-temperature polyimide coating with Fibercore’s experience in the high-volume manufacture of sensing fibers will generate the specialty fiber resource that the industry has been crying-out for."
"Opportunities in the medical technology sector are equally exciting," added Emslie. "With Fibertronix’s fiber Bragg grating solutions and autoclavable coatings complementing Fibercore’s multicore, single mode and polarisation-maintaining products, I am looking forward to a tremendous future together.”
As a part of the acquisition, Fibercore will also gain Dr Saeed Rehman as Senior Vice President of Business Development who will be joining the company with immediate effect.
About the Author
Matthew Peach is a contributing editor to optics.org.
|Ra Medical’s losses mount as sales costs soar|
|Oxford PV raises further £31m in funding|
|NVIDIA to acquire Mellanox for $6.9 billion|
|Quanergy and Athena offer LiDAR tech to the Indian market|
|Luna reports ‘strong’ 2018 results, buys General Photonics for $20m|
|MACOM, GlobalFoundries ramp silicon photonics for data centers|