Prysmian and Fincantieri to Acquire Xtera: Prysmian and Fincantieri have announced an agreement to acquire Xtera Topco Limited, a UK- and US-based leader in turnkey submarine telecommunications systems, in a move that significantly strengthens their presence in the rapidly growing underwater communications sector. The acquisition will be carried out through a newly established joint venture led by Prysmian, which will hold an 80% stake, alongside Fincantieri with a 20% participation.