Altobridge has acquired ADC’s portfolio of GSM base station and switching products for an undisclosed sum.
The deal includes ADC’s existing GSM base station and switching product customer base. Altobridge will retain all of the employees necessary to support the business. In addition, Altobridge is acquiring certain assets and intellectual property related to the product portfolio.
The ADC GSM base station and switching product portfolio supports remote wireless and small national networks, as well as government, emergency and private network communications. Altobridge said these products complement its offerings in several markets, including its Fully Managed Service business for meeting the growing communication needs of emerging markets, and solutions for optimising voice and data transmission for Mobile Network Operators (MNOs).
“Mobile Network Operators face a major challenge to deliver accelerating voice and data traffic for declining returns. Altobridge will continue to innovate and deliver further solutions that drive down these underlying communication costs,” said Mike Fitzgerald, CEO of Altobridge. “This acquisition will enable Altobridge to broaden our Intellectual Property portfolio and grow our Fully Managed Service business as we work hand in hand with MNOs striving to connect their subscriber groups at lower costs.”
Altobridge is headquartered at Kerry Technology Park, Ireland with regional offices in Tyson’s Corner, Virginia, USA and Kuala Lumpur, Malaysia.
http://www.altobridge.com
http://www.adc.com
