May 23, 2013

connectivity products - News


$1.25 Billion Deal Makes Tyco Electronics to Buy ADC Telecom

tyco electronics

Tyco Electronics, the world’s biggest maker of electronic connectors, agreed to buy ADC Telecommunications Inc. for about $1.25 billion to add broadband connectivity products. Tyco Electronics will pay $12.75 a share, or 44 percent more than Eden Prairie, Minnesota-based ADC’s closing stock price yesterday, according to a statement today. Tyco, which will pay $12.75 per [...]