TMCnet News
Tyco Electronics signs licensing agreement with ADC for FTTX technologyOct 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Tyco Electronics, Ltd. has entered a license agreement with ADC Telecommunications, Inc., a US-based provider of communications network infrastructure solutions and services, for certain ADC patents directed to fiber-to-the-premises (FTTX) technology. Tyco is a Bermuda-based global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems. The licensing agreement between Tyco and ADC settles existing litigation between the companies. Deal Type Partnership Sub-Category Licensing Agreement Deal Status Announced: 2009-10-30 Deal Participants Partner 1 (Company) Tyco Electronics, Ltd. Partner 2 (Company) ADC Telecommunications, Inc. |
