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Acquired by Corning Incorporated for approximately $870 million.
June 5, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
3M announced that it has completed the sale of substantially all of its Communication Markets Division to Corning Incorporated, for approximately $870 million, before closing and other adjustments. The business includes 3M’s optical and copper passive connectivity solutions for the telecommunications industry, including 3M’s xDSL, FTTx, and structured cabling solutions. The sale of the telecommunications system integration services portion of the business based in Hannover, Germany, remains...
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