The Ripley Company (www.ripley-tools.com) has acquired the products and assets of Amherst FiberOptics. The company made the acquisition so it could add Amherst FiberOptics' optical-fiber tools to its Miller product line, and ready it for what it sees as the next big trend in cable installation: the residential market.
"The next wave is to the home," says Ken MacCormac, president of the Ripley Company. "With the combination of Miller and Amherst, we are ready."
The Ripley Company, based in Cromwell CT, manufactures wire and cable preparation tools for the CATV, utility, optical-fiber, electrical and telecom industries. The company, which originally made lighting controls, now focuses on wiring and stripping tools.
Amherst FiberOptics was owned by CDI, which is now in Chapter 11 proceedings. CDI is the parent company of TVC Communications. The Ripley Company purchased the assets of the company, along with its inventory, finished goods, and properties.