3M Completes Sale of Optical Fiber Division

June 4, 2018 3M Completes Sale of Optical Fiber Division

3M has finalized the divestment of its optical fiber and copper cable telecommunications business to Corning, Inc.

The US$870 million deal, announced last December, calls for more than 500 employees of 3M’s optical fiber division to transfer to Corning. The $30 million sale of 3M’s Hamburg, Germany-based telecommunications system integration services to Corning remains pending, but is expected to be finalized by the end of the year.

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With global sales of US$25 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and health care equipment. For more information, visit