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Created June 7, 2016

Swiss diverse photonics company HUBER+SUHNER has signed the contracts to take over Polatis, a group headquartered in Bedford, Ma (USA) and Cambridge, UK, with $13 million sales and 110 employees.  Polatis develops, produces and sells all-optical network switches, which enable improved capacity utilisation in data centres and advanced data management in large telecommunication networks. Both applications are strategic growth areas of HUBER+SUHNER. The closing of the acquisition is expected later in June. The parties agreed not to disclose the financial terms. The purchase will be financed entirely from company funds.

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