Siemens AG (Munich, Germany) is selling its fiber optic cable and optical fiber business, including data cables and premises, to Corning Inc. (Corning, N.Y.). Corning is also taking over Siemens` 50 percent stake in two joint ventures: Siecor Corp. (Hickory, N.C.) and Siecor GmbH & Co. KG (Neustadt, Germany), as well as affiliated companies and joint ventures in eight other countries.




