Panduit buys submarine cable and pipe protection product assets from DongWon EN-Tec Co., Ltd.
Panduit Corp. says it has purchased the submarine cable and pipe protection product portfolio, as well as related technologies, from South Korea’s DongWon EN-Tec Co., Ltd. (DWE) for an undisclosed sum. The new assets include a polyurethane submarine cable and pipe protector system called URAPROTECT, bend stiffeners and restrictors, and J-Tube seals for wind turbine applications.
The company asserts the new assets will enable it to offer Asia-Pacific customers a wider breadth of capabilities and complementary products for protection of power cables and fiber-optic submarine cable installations. Panduit expects the acquisition also will further diversify its customer base and enable it to expand further into the offshore alternative energy and global communications markets.
"I am pleased to complete this acquisition with our Asia Pacific team which expands our portfolio of high-quality products for offshore wind customers," commented John Buck, Panduit vice president for electrical infrastructure. "The acquisition of DWE's product line and technology will allow us to accelerate our renewables growth strategy and invest in new product innovations for our customers as they build larger offshore wind installations in the future."
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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