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Trusted by
Acquiring Company
Prysmian
Acquired Company
Xtera
Milan
TexasMechanical Or Industrial EngineeringInformation TechnologyDescription
Prysmian has completed the acquisition of Xtera, enhancing its capabilities in submarine telecommunications. The acquisition combines Xtera’s proprietary technology with Prysmian’s manufacturing leadership. It marks a significant step in Prysmian’s strategy to meet growing global demand for telecom infrastructure. The enterprise value of the transaction is $65 million.
Fundz sees it the moment Prysmian makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Xtera?
Xtera was acquired by Prysmian, based in Milan. The deal was reported on October 13, 2026. Prysmian S.p.A. is a global leader in the energy and telecom cable systems industry. It produces a wide range of cables for various applications, including power transmission and telecommunication. Prysmian is privately held and operates in Mechanical Or Industrial Engineering.
When did Prysmian acquire Xtera?
Prysmian's acquisition of Xtera was reported on October 13, 2026. Prysmian has completed the acquisition of Xtera, enhancing its capabilities in submarine telecommunications. The acquisition combines Xtera’s proprietary technology with Prysmian’s manufacturing leadership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Xtera do?
Xtera is a telecommunications company specializing in turnkey submarine telecom systems. The company provides advanced technology solutions to enhance communications infrastructure. It is known for its extensive expertise in optical transmission systems. It is privately held, operating in Information Technology, and is based in Texas.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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