TE Connectivity acquires the telecom business of Raychem RPG

TE Connectivity (TE). has completed the acquisition of the telecom business of Raychem RPG (RRPG). It was a joint venture company co-owned by TE and RPG Enterprises. The acquired business will now become part of TE's Network Solutions segment.

RRPG was established by Raychem Corporation and RPG Enterprises in 1989, and has completed 25 successful years in India. TE acquired Raychem Corporation in 1999, and operations were run as a 50-50 joint venture between TE and RPG Enterprises.

"We aspire to become the market leader in the telecommunications sector and the acquisition will further strengthen the foundation of our company, which is admired for outstanding customer service, technology leadership and product innovation," said KK Shetty, director, India and SAARC, Network Solutions, TE India.

With this acquisition, TE strengthens its local telecom engineering and manufacturing expertise in India. TE has also inaugurated a new manufacturing facility in Vasai, Mumbai. The facility will be the hub for telecommunication engineering services supplying the fiber market in the Southeast Asia region.