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ADC to Acquire Fons

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MINNEAPOLIS, July 22 -- ADC announced today it will acquire Fiber Optic Network Solutions (Fons) Corp., a manufacturer of high-performance passive optical components and fiber optic cable packaging, distribution and connectivity products, for $172 million in cash. ADC said the acquisition will enhance its existing line of fiber-to-the-x (FTTX) products. Fons, a private company financed by two rounds of venture funding and owned by Oak Investment Partners, Morgenthaler Partners and its employees, has approximately 60 employees worldwide and estimated 2005 sales of $95 million. In addition to...Read full article

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    Published: July 2005
    Glossary
    fiber optic cable
    A package for an optical fiber or fibers that may include cladding, buffering, strength members and an outer jacket.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    ADCEmploymentfiber optic cableFiber Optic Network Solutionsfiber opticsfiber-to-the-xFONSFTTxIndustry EventsNews & Featuresoptical componentsOpticsphotonics

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