ADC has completed a $172 million acquisition of Fiber Optic Networks Solutions Corp. (FONS), a manufacturer of passive optical components and fiber optic cables.
The deal doubled ADC’s fiber-to-the-X (FTTX) outside plant business, and makes ADC on of the largest FTTX suppliers in the U.S.
ADC will add the assets acquired from FONS to its suite of “OmniReach” FTTX technology.
FONS has about 60 employees, and estimated 2005 sales of $95 million.