CBL Systems Corporation Completes Acquisition of Raytheon Company Fiber-Optic Solutions Business Unit.Business/Technology Editors REPEATING... HOPKINTON, Mass.--(BUSINESS WIRE)--June 22, 2000 Purchase Gives Company Flexibility in Fast-Moving Fiber-Optic Field CBL Cbl cobalamin. Systems, a leading supplier of fiber optic-based distributed sensing and intelligent automated control solutions, announced today that its management has completed an acquisition of a business unit of Raytheon Company (RTNA/B) that manufactures fiber-optic automated control systems. The acquisition gives CBL Systems the flexibility it needs to compete in the fast-growing fiber optic systems field. Brian D. Morrison, formerly the manager of the Raytheon business unit that was acquired in the transaction, has been named president and chief executive officer of CBL Systems Corporation. Terms of the transaction were not disclosed. CBL Systems, formerly Raytheon Control-By-Light, was established to develop new fiber optic technology applications that could serve as an alternative or complement to conventional networking media, chiefly twisted pair A thin-diameter wire (22 to 26 gauge) commonly used for telephone and network cabling. The wires are twisted around each other to minimize interference from other twisted pairs in the cable (Alexander Graham Bell invented this and was awarded a patent for it in 1881). copper-based wiring. The benefits of fiber optic's high bandwidth capacity, superior transmission reliability and flexibility have made it increasingly attractive to a number of industries served by CBL Systems. These markets include commercial building automation, high level security/access control and fire alarms, as well as commercial and government transportation and aircraft control systems. "CBL Systems will benefit greatly from the resources of Raytheon Company that have been acquired. These resources will give us a solid foundation and the momentum to operate successfully in the fiber-optic systems field," said Morrison. "Fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber has revolutionized the telecommunications industry, and as its costs continue to come down fiber is finding emerging applications in a wide range of industries worldwide. CBL Systems is on the forefront of these developments and is well positioned to capture a major share of the dynamic fiber optic networking market." CBL Systems offers the building automation industry a complete line of off-the-shelf products that includes routers, "smart" nodes, transceivers and interconnects needed to implement fiber optic-based backbones or subsystems as part of new or existing security or automation system infrastructures. Commercial building contractors building contractor n → contratista m/f de obras building contractor n → entrepreneur m (en bâtiment) building contractor and system integrators use CBL System's networking products in the development of intelligent, efficiently-operated buildings that rely on integrated, automated control of multiple functions, including lighting, heating, information management, communication, access control and security. A number of patents held by the company give CBL Systems a distinct advantage in the growing trend toward "smart" buildings. Unlike copper wire, which conducts electricity, fiber is an insulator insulator Substance that blocks or retards the flow of electric current or heat. An insulator is a poor conductor because it has a high resistance to such flow. Electrical insulators are commonly used to hold conductors in place, separating them from one another and from that transmits information or energy in the form of light; therefore, it is an intrinsically safe Intrinsically safe is an attribute applied to electrical equipment that is designated for use in explosion-prone areas. In normal uses, electrical equipment often creates internal tiny sparks in switches, motor brushes, connectors, and in other places. medium immune to the damage of electromagnetic interference See EMI. , lightning, corrosion, radio frequency interference See RFI. (hardware, testing) Radio Frequency Interference - (RFI) Electromagnetic radiation which is emitted by electrical circuits carrying rapidly changing signals, as a by-product of their normal operation, and which causes unwanted signals (interference or noise) to be , crosstalk (1) Electromagnetic interference that comes from an adjacent wire. "Alien" crosstalk is interference that comes from a wire in an adjacent cable, for example, when two or more twisted wire pair cables are bundled together. , bugging or other conditions found in harsh environments. The benefits of fiber have made it particularly attractive to the aircraft, ground transportation, marine, industrial processing and high-security industries, which require high standards of safety, reliability and affordability. CBL Systems also manufactures distributed flight data acquisition and recording systems for passenger aircraft, which received final certification by the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control last year. The company is currently supplying flight data acquisition systems under contract to Raytheon, for installation in Raytheon Aircraft Company's 1900-D airliners. CBL Systems markets its products worldwide through distributors and systems integrators in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Japan, and China. The company is located in Hopkinton, Mass. Additional information about CBL Systems can be found at www.control-by-light.com |
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