Adc Telecommunications Inc. (ADCT) announced that Altobridge has acquired ADC's portfolio of GSM base station and switching products. Terms of the transaction were not disclosed.
The ADC GSM base station and switching product portfolio supports demanding applications such as remote wireless and small national networks, as well as government, emergency and private network communications.
As part of the transaction, Altobridge is acquiring ADC's existing GSM base station and switching product customer base and retaining all of the employees necessary to support the business. In addition, Altobridge is acquiring certain assets and intellectual property related to the product portfolio.
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