Corning Incorporated Purchases MobileAccess
Acquisition extends wireless technology platform within
Corning’s telecommunications segment
CORNING, N.Y., March 2, 2011 -- Corning Incorporated (NYSE: GLW) announced today that it has completed the previously announced acquisition of all outstanding shares from the shareholders of MobileAccess.
Headquartered in Vienna, Va., MobileAccess provides distributed antenna system (DAS) solutions for flexible wireless coverage in the rapidly growing wireless market. MobileAccess is being integrated into Corning Cable Systems as Corning MobileAccess, led by Michael D. Genovese, senior vice president, Wireless Networks. Corning Cable Systems, headquartered in Hickory, N.C., is part of Corning’s telecommunications business segment.
Corning has an excellent DAS development program, industry-leading fiber infrastructure solutions, and global commitment to customer experience. When these elements combine with MobileAccess’ existing patented solutions, robust technology roadmap and strong U.S. presence, the result will be highly capable, innovative solutions with continuing customer support.
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