November 05, 2018 · News
NEW YORK, NY, November 5, 2018 – Cerberus Capital Management, L.P. and its affiliates (collectively, “Cerberus”), a global leader in alternative investing, today announced that it has completed the acquisition of the Subsea Communications business of TE Connectivity Ltd. (“TE”). Upon closing, the business has been rebranded to SubCom, LLC (“SubCom”) and industry veteran David Coughlan has been appointed Chief Executive Officer of the new company.