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
On July 1, 2015, the Company acquired an optical transport facility from Alcatel-Lucent for approximately $67.5 million, which expanded its capabilities in the telecom market and was included in the CEC segment.Flextronics International FY16 10-K, Business and Asset Acquisitions note
Advisory firms were not disclosed for this transaction.