Fincantieri completes Xtera acquisition via Prysmian — led joint venture
Prysmian’s joint venture, 80% owned by Prysmian and 20% by Fincantieri, completed the acquisition of Xtera Topco. Xtera is a UK- and US-based provider of turnkey subsea telecommunications systems. The deal expands the Prysmian-Fincantieri partnership across subsea cable systems, optical engineering, and complex systems