FLEX LTD. acquires Optical transport facility (Alcatel-Lucent)
Snapshot
FLEX LTD. acquired Optical transport facility (Alcatel-Lucent) for approximately $67.5 million in July 2015. The transaction was structured as all cash. Optical transport facility (Alcatel-Lucent) is a Communications & Enterprise Compute (CEC) - Telecom business.
- Acquirer
- FLEX LTD.
- Target
- Optical transport facility (Alcatel-Lucent)
- Value
- approximately $67.5 million
- Date
- July 2015
- Type
- asset purchase
- Status
- ready
The deal at a glance
About this deal
FLEX LTD. acquired Optical transport facility (Alcatel-Lucent) for approximately $67.5 million, a transaction completed in July 2015, structured as all cash. The deal was a asset purchase.
Optical transport facility (Alcatel-Lucent) operates in Communications & Enterprise Compute (CEC) - Telecom. Flextronics acquired an optical transport facility from Alcatel-Lucent, acquiring primarily $55.1 million of inventory and $10.0 million of property and equipment (a building and land), plus a $3.6 million customer-relationship intangible. The deal expanded Flex's capabilities in the telecom market.
expanded its capabilities in the telecom market and was included in the CEC segment.
Vertical capability and customer relationship in optical/telecom manufacturing. Communications & Enterprise Compute (CEC) segment
No advisory firms have been disclosed for this transaction.