Key Takeaways: Federal Signal (FSS) has entered into a definitive agreement to purchase Scranton Manufacturing Company, operating as New Way Trucks, for an initial sum of $396 million. This acquisition also includes a $30 million payment for New Way’s manufacturing facilities and related real estate rights in Iowa and Mississippi. The initial purchase price is…
Browsing: Industrial Goods
Lumentum Holdings Inc. (“Lumentum”), a global leader in optical and photonic technology, today announced the expansion of its Optical Circuit Switch (OCS) product line with the new R64 platform. Based on Lumentum’s proven MEMS technology, the device will launch as a 64×64-port product for lower-port-count applications within AI data centers. The company will feature the…