Sunday, October 21, 2007

ADC to Acquire LGC Wireless for In-Building Wireless Extensions

ADC agreed to acquire LGC Wireless, a provider of specialized in-building wireless coverage and capacity solutions, for $169 million.

LGC Wireless offers platforms for extending in-building wireless voice/data coverage for GSM and CDMA networks. The company has also announced an in-building WiMAX extension solution. LGC Wireless had sales of $83 million in the last 12 months ended September 30, 2007 compared to sales of $43 million in the year ended December 31, 2006. The company has approximately 240 employees and is based in San Jose, California.

ADC described the acquisition as a central part of its All IP Radio Access Network (IP RAN) strategy announced earlier this year. LGC's network systems mobile switching and wireless office solutions will augment ADC's existing outdoor solutions.


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