AGC acquired global operations of the Advanced Dielectric Division of US-based Taconic.

AGC, a Japanese global glass manufacturing company, acquired global operations of the Advanced Dielectric Division of US-based Taconic, for $315m. AGC is acquiring the global operations of the ADD and a portion of industrial composite film business from Taconic to expand its footprint as a manufacturer and supplier of high-performance materials and solutions in the next-generation high-speed communications markets.