Sunday, January 30, 2011

Corning to Acquire MobileAccess for In-Building Wireless

Corning agreed to acquire MobileAccess, a supplier of in-building wireless access solutions, for an undisclosed sum.

MobileAccess provides distributed antenna system (DAS) solutions for flexible wireless coverage in the rapidly growing wireless market. The company has established wireless technical expertise in radio frequency design, engineering, and software development. MobileAccess is based in Vienna, Virginia with R&D in Tel Aviv.

Corning said the acquisition will expand its line of innovative telecommunications solutions beyond its Fiber to the Home (FTTH) and Enterprise Optical solutions. Upon closing, MobileAccess will be integrated into Corning Cable Systems, headquartered in Hickory, N.C., and part of Corning's telecommunications business segment.

"We are very excited about the opportunity to expand Corning's presence in the rapidly growing DAS wireless segment," said Clark S. Kinlin, president and chief executive officer, Corning Cable Systems. "MobileAccess has a proven history of delivering customer-driven innovative solutions with superior customer service. We look forward to building a bright future in wireless networks when the talented team from MobileAccess joins us."

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