ADC EXPANDS BROADBAND CAPABILITIES INTO EUROPE.ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADCT ADCT Adaptive Discrete Cosine Transform , www.adc.com), a global supplier of fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber , network equipment, software and integration services for broadband, multiservice networks and Computer Telecom Installations Ltd. (CTi), a British company offering installation, commissioning, integration and maintenance of telecommunications networks and equipment, have completed the acquisition of CTi by ADC. The terms of the deal were not disclosed, and the transaction will have no material effect on ADC's consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge . The European telecommunications market forms an important component of ADC's pan-European systems integration strategy. As U.S.-based multi-nationals globalize glob·al·ize tr.v. glob·al·ized, glob·al·iz·ing, glob·al·iz·es To make global or worldwide in scope or application. glob and expand into Europe, European companies also are expanding abroad. Because of this trend, ADC is building a local presence in Europe to serve both sets of customers, while continuing to honor and grow CTi's existing business relationships. In addition, our expanded local presence will allow ADC to serve local customers and PTTs. The market in Europe is poised to continue an expansion and will need companies who can leverage scales of economy while focusing and optimizing local resources. The acquisition of CTi adds breadth to ADC's service portfolio by adding integration solutions for service providers in copper and fiber, transmission, wireless, and CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. . ADC and CTi will jointly leverage each other's existing customer relationships and offer a more complete solution portfolio. In addition, ADC will benefit from CTi's local knowledge and experience through CTi's highly competent and customer-focused personnel. CTi offers a total solutions package for the installation, commissioning, integration and maintenance of telecommunications networks and equipment. CTi's package includes Site Surveys, Documentation, Cabinet Build, Installation, Commissioning, Network Integration, Project Management, Network Specification, Network Planning, Circuit Routing, Network Provisioning and Maintenance. ADC's systems integration business is focused on delivering services to telecom service providers worldwide. The business started in the U.S. in 1995 as a result of a growing customer demand for systems integration services. Since its inception, the business has grown rapidly to become an organization of more than 2,400 employees. |
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