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ADC Completes Acquisition of FONS

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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...Read full article

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    Published: August 2005
    ADCfiber opticsFONSFTTxNews & Features

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