TE Subcom submarine fiber optic cable installation

Cerberus Acquires TE Connectivity’s Subsea Communications Business

The Subsea Communications business of TE Connectivity has been acquired by Cerberus (Cerberus Capital Management, L.P. and its affiliates), a global leader in alternative investing. The group announced the competition of the acquisition process by an official statement on November 7th and industry veteran David Coughlan has been appointed Chief Executive Officer of the new company. the business has been rebranded to SubCom, LLC (“SubCom”).