socalTECH

FEBRUARY 22, 2016

Chatsworth-based optical networking equipment provider MRV Communications said the price of its sale of Tecnonet S.p.A. in the sale. has increased, and that it has received an additional $4.8M The deal now amounts to $26.4M. According to MRV, the payment relates to an intercompany obligation.

Sales 100

Sales Chatsworth Pricing Networking 100

socalTECH

DECEMBER 8, 2015

Chatsworth-based MRV Communications , which designs and manufactures optical networking equipment, said late Monday afternoon that it has closed its sale of Tecnonet S.p.A. Its Italian subsidiary provided network integration services. MRV said the sale will let it focus all of its energy on its network equipment business.

Chatsworth 100

Chatsworth Networking Sales Design 100

socalTECH

MARCH 30, 2012

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV said the sale will help it to focus on its core business of network infrastructure equipment and network management products.

Chatsworth 133

Chatsworth Equity Sales Networking 133

socalTECH

DECEMBER 7, 2011

Chatsworth-based MRV Communications , which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA. MRV said the deal is worth approximately $24.6M.

Chatsworth 140

Chatsworth Equity Report Sales 140