American company Preformed Line Products (PLP) has signed a contract regarding the acquisition of Czech company ICOS TELCOM, which is a producer of passive components for high-speed telecommunications networks. At present MICOS TELCOM is focusing on home optical products (FTTH), optical networks and data centers. Executive Svatoslav Novák stated that the new partner will apart from developing products also help the Czech company expand globally. It now exports products to more than 50 foreign markets.
Prepared by the team of CzechTrade Israel