France’s Alcatel-Lucent has transfered its optical transport manufacturing plant and related assets in Trieste, Italy to Italian Flextronics for an undisclosed sum.
Flextronics will take responsibility for new product introduction, manufacturing, integration and repair services of Alcatel-Lucent optical equipment at the site. Alcatel-Lucent and Flextronics have also signed a five-year, renewable contract for the supply of optical products. As part of the deal, Trieste will also become a global centre of excellence for optical transport technologies.
Commenting on the agreement, Roberto Loiola, CEO and managing director of Alcatel-Lucent Italy, said: “We are pleased with the successful conclusion of this agreement, one which satisfies all parties involved. The Trieste plant will benefit significantly from becoming a global centre of excellence, with employment levels maintained and even increased. Alcatel-Lucent is transferring the Trieste plant to a proven player in manufacturing on this industrial scale, a track record that ensures the highest level of quality for the company’s optical transport products.”
