December 12th, 2011

ADTRAN Buys Nokia Siemens Networks’ Fixed Line Broadband Access Business (400 People)

adtran

ADTRAN this morning announced that it is to acquire Nokia Siemens Networks’ fixed line Broadband Access business, all associated services and network management solutions, intellectual properties, technologies and the established customer base. Financial terms of the acquisition were not disclosed.

The news comes right after Nokia Siemens Networks announced that it would be laying off 17,000→ Read More