Exfo Electro-Optical Engineering Inc. (Exfo) designs, manufactures and markets a line of test and measurement solutions for the global telecommunications industry. The Company operates in two segments: the Telecom Division, and the Life Sciences and Industrial Division. The Telecom Division offers integrated test solutions to network service providers, cable operators, system vendors and component manufacturers throughout the global telecommunications industry. The Life Sciences and Industrial Division mainly leverages developed and acquired core telecom technologies for high-precision assembly and research sectors. In January 2006, the Company acquired substantially all the assets of Consultronics Limited (Consultronics), a supplier of test equipment for copper-based broadband access networks.