Corning Inc (GLW)
14 Dec 2017
Gorilla Glass maker Corning Inc said on Monday it would buy substantially all of 3M Co's communication markets business for about $900 million in cash.
Dec 11 Gorilla Glass maker Corning Inc said on Monday it would buy substantially all of 3M Co's communication markets business for about $900 million in cash.
Dec 11 3M Co would sell substantially all of its communication markets business to Gorilla Glass maker Corning Inc for $900 million in cash, the companies said on Monday.
* CORNING TO ACQUIRE SUBSTANTIALLY ALL OF 3M'S COMMUNICATION MARKETS DIVISION
* 3M TO SELL SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION
Corning Inc posted its sixth straight quarter of profit and revenue beat as demand remained strong for its flagship Gorilla Glass used in smartphones and its fiber optic products from telecom companies looking to upgrade their networks.
* Shares rise as much as 6.6 pct (Adds CEO, analyst comment; updates share movement)
Oct 24 Corning Inc, which makes the Gorilla Glass smartphone screen, reported a 37.3 percent rise in quarterly profit, driven by strong demand for fiber optic cables and connectors from network carriers and data center operators.
* HEALTHE, CO ANNOUNCE COLLABORATION TO DEVELOP, INTRODUCE EYESAFE TECHNOLOGY MADE WITH ACCESSORY GLASS 2 BY CORNING Source text for Eikon: Further company coverage:
* Corning Inc - corning And Youngy will collaborate on manufacturing processes and equipment with expectation that first sales will occur in late 2018
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