ADC Divests GSM Assets
ADC Announces Altobridge’s Acquisition of Its GSM Base Station and Switching Product Portfolio
ADC strengthens focus on its in-building and microcellular wireless market leadership
Acquisition complements Altobridge’s emerging markets strategy
MINNEAPOLIS & TRALEE, Ireland, Dec 31, 2009 — ADC (NASDAQ: ADCT) (www.adc.com), 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 ADC’s portfolio of GSM base station and switching products. Terms of the transaction, which closes today, were not disclosed. more







