ADC Buys LGC for $169M

ADC Telecommunications is expanding into in-building wireless by buying LGC Wireless for $169 million. LGC, which is based in San Jose, Calif., has shipped more than 10,000 systems worldwide to more than 100 countries.

ADC says the acquisition is part of its strategy to move to an all IP-based network. The acquisition will further enhance and add scale to ADC's existing line of wireless capacity and coverage solutions.  

For more:
- see this press release about the deal

See this related story:
Andrew Rejects ADC, Commscope bids. Story