OPTICAL CABLE CORPORATION AND LIGHTERA, LLC ANNOUNCE STRATEGIC COLLABORATION
Optical Cable Corporation (Nasdaq GM: OCC) and Lightera, LLC have announced a strategic collaboration agreement focused on expanding product offerings in the data center and enterprise sectors. As part of this partnership, Lightera has acquired a 7.24% stake in OCC through a purchase of common stock.
The collaboration will combine portions of both companies' product portfolios to deliver integrated cabling and connectivity solutions, which will be sold by OCC. This partnership builds on decades of previous successful business relationships between the two companies, with both expecting to benefit from expanded opportunities in various sectors.
Lightera, a global leader in optical fiber and connectivity solutions, brings expertise in high-performance optical fibers, while OCC contributes its recognized capabilities in fiber optic and copper cabling manufacturing.
Optical Cable Corporation (Nasdaq GM: OCC) e Lightera, LLC hanno annunciato un accordo di collaborazione strategica volto ad ampliare l'offerta di prodotti nei settori dei data center e delle imprese. Nell'ambito di questa partnership, Lightera ha acquisito una quota del 7,24% in OCC attraverso l'acquisto di azioni ordinarie.
La collaborazione unir脿 parti dei portafogli prodotti di entrambe le aziende per offrire soluzioni integrate di cablaggio e connettivit脿, che saranno commercializzate da OCC. Questa partnership si basa su decenni di precedenti rapporti commerciali di successo tra le due societ脿, con l'aspettativa che entrambe traggano vantaggio da opportunit脿 ampliate in diversi settori.
Lightera, leader globale nelle soluzioni di fibra ottica e connettivit脿, apporta competenze nelle fibre ottiche ad alte prestazioni, mentre OCC contribuisce con le sue riconosciute capacit脿 nella produzione di cablaggi in fibra ottica e rame.
Optical Cable Corporation (Nasdaq GM: OCC) y Lightera, LLC han anunciado un acuerdo de colaboraci贸n estrat茅gica enfocado en ampliar la oferta de productos en los sectores de centros de datos y empresas. Como parte de esta alianza, Lightera ha adquirido una participaci贸n del 7,24% en OCC mediante la compra de acciones ordinarias.
La colaboraci贸n combinar谩 partes de los portafolios de productos de ambas compa帽铆as para ofrecer soluciones integradas de cableado y conectividad, que ser谩n comercializadas por OCC. Esta asociaci贸n se basa en d茅cadas de relaciones comerciales exitosas previas entre ambas empresas, y se espera que ambas se beneficien de mayores oportunidades en varios sectores.
Lightera, l铆der global en soluciones de fibra 贸ptica y conectividad, aporta experiencia en fibras 贸pticas de alto rendimiento, mientras que OCC contribuye con sus reconocidas capacidades en la fabricaci贸n de cableado de fibra 贸ptica y cobre.
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Optical Cable Corporation (Nasdaq GM : OCC) et Lightera, LLC ont annonc茅 un accord de collaboration strat茅gique visant 脿 茅largir leur gamme de produits dans les secteurs des centres de donn茅es et des entreprises. Dans le cadre de ce partenariat, Lightera a acquis une participation de 7,24% dans OCC par l'achat d'actions ordinaires.
Cette collaboration combinera des parties des portefeuilles de produits des deux soci茅t茅s afin de fournir des solutions int茅gr茅es de c芒blage et de connectivit茅, qui seront commercialis茅es par OCC. Ce partenariat s'appuie sur des d茅cennies de relations commerciales fructueuses entre les deux entreprises, qui s'attendent toutes deux 脿 b茅n茅ficier d'opportunit茅s accrues dans divers secteurs.
Lightera, leader mondial des solutions en fibres optiques et connectivit茅, apporte son expertise en fibres optiques haute performance, tandis qu'OCC contribue par ses comp茅tences reconnues dans la fabrication de c芒bles en fibre optique et cuivre.
Optical Cable Corporation (Nasdaq GM: OCC) und Lightera, LLC haben eine strategische Kooperationsvereinbarung angek眉ndigt, die darauf abzielt, das Produktangebot in den Bereichen Rechenzentrum und Unternehmen zu erweitern. Im Rahmen dieser Partnerschaft hat Lightera einen 7,24%-Anteil an OCC durch den Kauf von Stammaktien erworben.
Die Zusammenarbeit wird Teile der Produktportfolios beider Unternehmen kombinieren, um integrierte Verkabelungs- und Konnektivit盲tsl枚sungen anzubieten, die von OCC vertrieben werden. Diese Partnerschaft baut auf jahrzehntelangen erfolgreichen Gesch盲ftsbeziehungen zwischen den beiden Unternehmen auf, wobei beide von erweiterten Chancen in verschiedenen Sektoren profitieren wollen.
Lightera, ein weltweit f眉hrendes Unternehmen f眉r optische Fasern und Konnektivit盲tsl枚sungen, bringt Fachwissen in Hochleistungsoptikfasern ein, w盲hrend OCC seine anerkannten F盲higkeiten in der Herstellung von Glasfaser- und Kupferkabeln beitr盲gt.
- Strategic partnership expands product offerings in data center and enterprise sectors
- Lightera's 7.24% investment demonstrates confidence in OCC
- Combines strengths of two established industry leaders
- Expected to accelerate OCC's sales growth
- None.
Insights
Lightera's 7.24% investment in OCC creates strategic partnership targeting data center market expansion with complementary fiber optic technologies.
The strategic collaboration between Optical Cable Corporation (OCC) and Lightera represents a significant development in the fiber optic industry landscape. This isn't merely a partnership but includes Lightera acquiring a 7.24% equity stake in OCC, creating financial alignment between these longtime industry collaborators.
The timing is particularly strategic as both companies aim to capitalize on the explosive growth in data center infrastructure and enterprise Passive Optical LAN deployments. Lightera brings advanced optical fiber manufacturing capabilities while OCC contributes established cabling and connectivity expertise鈥攃reating a complementary technology stack that addresses end-to-end fiber deployment needs.
What makes this deal particularly compelling is the go-to-market strategy: the combined product portfolios will be sold through OCC's established channels, potentially accelerating OCC's revenue growth without requiring significant new sales infrastructure investments. This suggests immediate operational synergies rather than long-term aspirational benefits.
The investment represents a vote of confidence from Lightera (part of the multi-billion dollar Furukawa Electric Group) in OCC's market position and growth potential. For OCC shareholders, this creates potential upside through both organic growth acceleration and the strategic relationship with a larger industry player. The collaboration targets high-growth sectors including data centers, 5G/6G infrastructure, and generative AI applications鈥攁ll areas requiring substantial fiber connectivity investments in coming years.
Lightera Makes Investment in OCC
As a global leader in optical fiber and connectivity solutions, Lightera has a long history of industry-leading innovation, design and manufacturing capabilities, including high-performance optical fibers. OCC is a leading manufacturer of fiber optic and copper cabling and connectivity solutions and is internationally recognized for its innovative technologies and product designs. As respected manufacturers in the fiber optic industry, OCC and Lightera have partnered in various ways over many years, and this new strategic collaboration agreement builds on a long successful relationship between the two companies.
As a result of this strategic collaboration, OCC and Lightera both expect to benefit from opportunities to capitalize on the ability to offer expanded fiber optic and copper cabling and connectivity solutions to the enterprise sector, the data center sector, as well as an expanded presence in other sectors. The companies will combine portions of the extensive product portfolios of both OCC and Lightera to deliver integrated cabling and connectivity solution offerings, which will be sold by OCC.
In connection with this strategic collaboration, Lightera has made an investment in OCC, purchasing shares of OCC common stock from the company and Lightera holding
Management Comments:
"We recognize the importance of this strategic joint effort with OCC and the potential opportunities it brings to expand Lightera's presence in the data center and enterprise Passive Optical LAN sectors," said Foad Shaikhzadeh, Chairman and Chief Executive Officer of Lightera. "Lightera is delivering a comprehensive, next-generation solution purpose-built for the modern data center鈥攃ombining advanced edge technology, scalability, and performance. Our long-standing听relationship with OCC, grounded in mutual respect听and proven product excellence, positions us to jointly serve the growing demands of this critical customer segment.听We are confident that OCC's established presence and reputation in key sectors听will amplify the impact of our solution, and we look forward to building on this partnership."
Neil Wilkin, Chairman, President and Chief Executive Officer of OCC, said, "We are excited about the opportunities this strategic relationship provides to both companies. OCC has successfully worked with Lightera (and its predecessor OFS Fitel, LLC), for decades, and we look forward to the expansion of our valued business partnership, as well as our continued engagement with the Lightera team. Importantly, we are confident that our strategic collaboration with Lightera, and the resulting Lightera-OCC integrated solutions offered, will significantly expand our opportunities in the data center and enterprise sectors, will accelerate OCC sales growth, and will create significant value for OCC and its shareholders."
Lightera, LLC 鈥� Company Information
Lightera is a global leader in optical fiber and connectivity solutions, delivering innovative technologies that drive communication networks, data centers, and specialty photonics applications. With a deep legacy of expertise in optical science, we provide high-performance solutions that enable faster, more reliable, and more sustainable connections for businesses, communities, and industries worldwide.听
Headquartered in
Optical Cable Corporation鈥擟ompany Information
Optical Cable Corporation ("OCC庐") is internationally recognized as a leading manufacturer of a broad range of fiber optic cable and copper cabling and connectivity solutions. OCC offers integrated suites of high-performing, high-quality products that function as a complete system or seamlessly integrate with other components. OCC's broad portfolio includes fiber and copper technologies designed to meet the highest industry standards and perform in the most demanding environments ranging from: commercial, enterprise network, data center, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.
Founded in 1983, OCC is headquartered in
Optical Cable Corporation鈩�, OCC庐, Procyon庐, Superior Modular Products鈩�, SMP Data Communications鈩�, Applied Optical Systems鈩�, and associated logos are trademarks of Optical Cable Corporation.
Further information about OCC庐 is available at .
FORWARD-LOOKING INFORMATION
This news release by Optical Cable Corporation and its subsidiaries (collectively, "OCC") may contain certain forward-looking information within the meaning of the federal securities laws. The forward-looking information may include, among other information, (i) statements concerning our outlook for the future, (ii) statements of belief, anticipation or expectation, (iii) future plans, strategies or anticipated events, and (iv) similar information and statements concerning matters that are not historical facts. Such forward-looking information is subject to known and unknown variables, uncertainties, contingencies and risks that may cause actual events or results to differ materially from our expectations, and such known and unknown variables, uncertainties, contingencies and risks may also adversely affect Optical Cable Corporation and its subsidiaries, OCC's future results of operations and future financial condition, and/or the future equity value of OCC. A partial list of such variables, uncertainties, contingencies and risks that could cause or contribute to such differences from our expectations or that could otherwise adversely affect Optical Cable Corporation and its subsidiaries is set forth in Optical Cable Corporation's quarterly and annual reports filed with the Securities and Exchange Commission ("SEC") under the heading "Forward-Looking Information." OCC's quarterly and annual reports are available to the public on the SEC's website at听. In providing forward-looking information, OCC expressly disclaims any obligation to update this information, whether as a result of new information, future events or otherwise except as required by applicable laws and regulations.
OPTICAL CABLE CORPORATION | LIGHTERA LLC |
5290 Concourse Drive | 2000 NE Expressway |
(Nasdaq GM: OCC) |
|
听 | |
AT OCC:听 | AT LIGHTERA: |
Tracy Smith | Sherry听Salyer |
Senior Vice President & CFO | Director of Marketing Communications, |
(540) 265-0690 | Marketing / Specialty Solutions |
FOR OCC AT JOELE FRANK, | |
Aaron Palash | Spencer |
(212) 355-4449 ext. 8603 | 212) 355-4449听ext. 8928 |
听
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