R&M acquires Optimum Fiber Optics Inc.

R&M announced the acquisition of Optimum Fiberoptics Inc., a U.S. fiber optic cable and connectivity specialist based in Elkridge, Maryland. Founded in 1997, Optimum is a premium manufacturer and supplier of fiber management products for the commercial, industrial and governmental market. It has developed strong customer relationships in Washington D.C. and the Mid-Atlantic states supported by its quality products and its agility to provide customized solutions within short lead-times.

"Optimum is an excellent addition to our current activities based out of our North American Headquarters in the Silicon Valley and will enable us to accelerate our ambitious growth strategy," says Markus Huber, Executive Vice President R&M North America. "We are excited about the new opportunities. Optimum is ideally located to serve our existing customer base on the East Coast as well as to target new customer groups. Furthermore, it will give us excellent access to the fast-growing data center market area in Washington D.C. and Northern Virginia."

With its new location on the East Coast, R&M can offer the full range of its products and services nationwide. Further investments will follow over the next 24 months to further strengthen R&M's presence in the North American market.

Comments

Popular posts from this blog

Insurtech startup Kruzr raises $1.3 Million from Saama Capital and Better Capital

Going Beyond the Buzz in 2019-Understanding 'Digital'