Strengthens focus on its in-building and microcellular wireless market
Altobridge has acquired ADC’s portfolio of GSM base station and switching products. The ADC GSM base station and switching product portfolio supports applications such as remote wireless and small national networks, as well as government, emergency and private network communications.
The companies said that the products complement Altobridge’s offering in several markets, including its fully managed service business for meeting the growing communication needs of emerging markets, and offerings for optimising voice and data transmission for mobile network operators.
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.
Mike Fitzgerald, CEO of Altobridge, said: 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.
“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.