Siemens Grid Tube Activities Acquired
July 28, 2000
Thomson Tubes Electroniques has acquired Siemens' grid tube activities as of July 3, 2000. The transaction involved the transfer of Siemens' tube production operations in Berlin to the Thomson Tubes production site at Thonon. The transfer will be progressive to ensure uninterrupted product availability and will be completed at the end of 2001. The marketing and sales of Siemens' products will be carried out under the responsibility of TTE's international network.