Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

ADC Acquires Broadband for $2.25 Billion

Facebook Twitter LinkedIn Email Comments
MINNEAPOLIS, Minn., Sept 22 -- ADC Telecommunications Inc. announced the purchase of Broadband Access Systems Inc., racking up a $5-billion total in acquisitions of Internet-based companies this year. ADC Telecommunication will purchase the low-cost Internet-based voice transmission technology company for stock valued at $2.25 billion. ADC Technologies cited the demand for Internet-based voice transmission as the reason for its latest acquisition. ADC Telecommunications makes fiber optics and communications equipment.

Photonics.com
Sep 2000
CommunicationsNews & Features

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.