|
|
| |
Altobridge Announces Acquisition of ADCs Base Station and Switching Product Portfolio
[Back
to News Reports] 4th January - ADC,
a leading global supplier of network infrastructure solutions, and Altobridge,
a leading provider of cost-effective solutions for mobile network operators, announced
today that Altobridge has acquired ADCs portfolio of GSM base station and switching
products. | | Terms
of the transaction, which closes today, were not disclosed. The ADC GSM
base station and switching product portfolio supports demanding applications such
as remote wireless and small national networks, as well as government, emergency
and private network communications. |
|
These products
complement Altobridge’s innovations in several markets, including its Fully
Managed Service business for meeting the growing communication needs of emerging
markets, and solutions for optimising voice and data transmission for Mobile Network
Operators (MNOs). As part of the transaction, Altobridge is acquiring ADCs
existing GSM base station and switching product customer base and retaining all
of the employees necessary to support the business. In addition, Altobridge is
acquiring certain assets and intellectual property related to the product portfolio.
“The sale of our GSM base station and switching technology to Altobridge
is a positive development for our respective customers, employees, shareowners
and companies,” said Dick Parran, president of Network Solutions business unit
for ADC. | | |
“ADC
maintains a strong commitment to expanding our leadership position in providing
in-building and outdoor wireless solutions that are increasingly essential in
meeting the coverage and capacity challenges of 3G and 4G networks, while Altobridge
is well positioned to build on the strong foundation established by both companies
in the remote and specialty network market.” "Mobile Network Operators
face a major challenge to deliver accelerating voice and data traffic for declining
returns. Altobridge will continue to innovate and deliver further solutions that
drive down these underlying communication costs,” said Mike Fitzgerald, CEO
of Altobridge. "This acquisition will enable Altobridge to broaden our Intellectual
Property portfolio and grow our Fully Managed Service business as we work hand
in hand with MNOs striving to connect their subscriber groups at lower costs."
Both companies are committed to ensuring a smooth transition for existing
customers. Contracts and warranties with existing and pending customers will continue
to be supported by Altobridge. | | | |
|
 |
Mobile Games |
| Mobile
Info Pages |
|
