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Article: ADC and Tyco Electronics Reach FTTX Licensing Agreement.(Company overview)
- Article from:
- Biotech Week
- Article date:
- November 11, 2009
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ADC (NASDAQ: ADCT) (www.adc.com) announced that Tyco Electronics has taken a license to certain ADC patents directed to fiber-to-the-premises (FTTX) technology. The licensing agreement between the two fiber optic connectivity market leaders settles existing litigation between the companies. ADC's patents relate to fiber distribution hubs, optical splitter modules and fiber drop terminals that are widely deployed in the FTTX environment (see also ADC / Tyco Electronics).
For ADC, the license provides acknowledgment of the company's FTTX patent portfolio by another industry leader in the FTTX market. "ADC has an industry standard license available to our FTTX ...