Infinera (NASDAQ:INFN) announced today that Algar Telecom, a leading provider of telecom and IT solutions within Algar Corporation, has selected Infinera to modernize and scale its subsea network infrastructure. Powered by Infinera’s ICE6 800G optical engine, GX Series Compact Modular Platform, and FlexILS Open Optical Line System, the Infinera subsea solution enables Algar Telecom to increase spectrum capacity and reduce transport cost per bit while leveraging the latest generation of coherent technologies to enhance network functionality and expand market opportunities.
PGT Innovations Acquires Remaining 25% Ownership Interest In Eco Enterprises
PGT Innovations Inc (NYSE:PGTI) has acquired the remaining outstanding 25% ownership interest in Eco Enterprises LLC (Eco). The financial terms were not disclosed.…