STL completed the acquisition of Optotec for €29m.

Sterlite Technologies, an integrator of digital networks, completed the acquisition of Optotec, a provider of fiber optic products, for €29m. "We at Optotec are incredibly excited to work with STL to scale our business and expand our customer base. STL, with its global customer access and extensive industrial scale is the perfect partner for our growth journey," Claudio Mega, Optotec CEO.