ADC adds to wireless suite with Andrew acquisition.

RCR Wireless News, June, 2006

Byline: JONI MORSE In a move designed to give the wireline equipment leader a boost in its wireless sales, ADC Telecommunications Inc. said it would pay $2 billion in stock to acquire Andrew Corp. Indeed, a combined Andrew and ADC would reap almost half of its revenues from sales of wireless equipment.

The companies said their combined customer base breaks out into 44 percent wireless, 24 percent original equipment manufacturers, 23 percent to wireline, 6 percent enterprise, and 3 percent to other customers. While ADC supplies landline network operators with copper and fiber connectivity components, cross connects and Ethernet access equipment, Andrew sells satellite and cellular base-station systems, antennas and RF amplifier systems to...