Nov 12 2009
Optical Cable Corporation (Nasdaq GM: OCCF) ("OCC") today announced that SMP Data Communications, also known as Superior Modular Products Incorporated and a wholly owned subsidiary of OCC, has been merged into OCC -- creating one company named Optical Cable Corporation.
OCC acquired SMP Data Communications on May 30, 2008. The acquisition brought together a leading designer, innovator and manufacturer of fiber optic cable and an internationally respected innovator in copper and fiber optic connectivity products, enabling OCC to offer integrated fiber optic and copper data communications cabling and connectivity solutions to customers.
OCC has been consolidating product offerings of both companies since August 2009 and now offers its comprehensive line of fiber optic and copper datacom cabling, connectivity, and related accessories under one brand -- Optical Cable Corporation, or simply OCC. The merger announced today is consistent with OCC's one-brand strategy, as well as OCC's continued integration of the functional teams of the two companies.
"OCC's acquisition of SMP Data Communications in 2008 brought together the products, innovation and technologies to meet the needs of our customers, and the transaction was a key step toward making our long-term strategic vision for OCC a reality," said Neil Wilkin, President and Chief Executive Officer of Optical Cable Corporation.
"OCC, now under a single brand, is a one-stop provider of fiber optic and copper cabling and connectivity products to the enterprise market, offering an integrated suite of high quality cabling and connectivity solutions to our customers," said Michael Newman, Vice President of International Sales and Global Marketing.
The merger of SMP Data Communications into Optical Cable Corporation was effective on October 31, 2009, by filings in the State of Delaware and the Commonwealth of Virginia.