Close

Search

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

ADC Completes Acquisition of FONS

Facebook Twitter LinkedIn Email Comments
MINNEAPOLIS, Aug. 30 -- ADC, a provider of connections for wireline, wireless, cable, broadcast and enterprise networks around the world, announced it has completed its acquisition of Fiber Optic Network Solutions (FONS) Corp., a manufacturer of passive optical components and fiber optic cable packaging, distribution and connectivity solutions. With the addition of FONS, ADC now becomes one of the largest suppliers of fiber-to-the-x (FTTx) solutions in the US, according to proprietary market share estimates.

The acquisition was completed for approximately $172 million in cash. This amount is inclusive of a retention bonus pool that will be paid to most of FONS' current employees; FONS has approximately 60 employees worldwide and estimated calendar 2005 sales of $95 million. According to ADC, the acquisition approximately doubles ADC's FTTx outside plant business to greater than 10 percent of total sales.

In addition to a facility in Marlboro, Mass., FONS has strategic partnerships and outsourcing relationships in countries including Mexico, Japan and China.

For more information, visit: www.adc.com


Photonics.com
Aug 2005
ADCfiber opticsFONSFTTxNews & 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.