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Tyco Electronics signs licensing agreement with ADC for FTTX technology
Oct 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.
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