M&A Deal Summary

ADC Telecommunications Acquires PairGain Technologies

On June 29, 2000, ADC Telecommunications acquired technology hardware company PairGain Technologies for 1.6B USD

Acquisition Highlights
  • This is ADC Telecommunications’ 7th transaction in the Technology Hardware sector.
  • This is ADC Telecommunications’ 2nd largest (disclosed) transaction.
  • This is ADC Telecommunications’ 9th transaction in the United States.
  • This is ADC Telecommunications’ 2nd transaction in California.

M&A Deal Summary

Date 2000-06-29
Target PairGain Technologies
Sector Technology Hardware
Buyer(s) ADC Telecommunications
Deal Type Add-on Acquisition
Deal Value 1.6B USD

Target

PairGain Technologies

Tustin, California, United States
PairGain Technologies, Inc. is a designer, manufacturer and seller of digital subscriber line (DSL) networking systems.

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Buyer(S) 1

Buyer

ADC Telecommunications

Eden Prairie, Minnesota, United States

Category Company
Founded 1935
Sector Communications
Employees9,300
DESCRIPTION

ADC Telecommunications, Inc. is a provider of broadband communications network infrastructure products and related services worldwide. ADC's innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers.


DEAL STATS #
Overall 11 of 16
Sector: Technology Hardware M&A 7 of 9
Type: Add-on Acquisition M&A Deals 11 of 15
State: California M&A 2 of 3
Country: United States M&A 9 of 13
Year: 2000 M&A 2 of 3
Size (of disclosed) 2 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-01 Altitun AB

Stockholm, Sweden

Altitun developed and manufactured tunable semiconductor lasers for use in optical networking applications.

Buy $872M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-21 Broadband Access Systems

Westborough, Massachusetts, United States

Broadband Access Systems, Inc. is a developer of a new generation of highly integrated, carrier-class broadband access systems that allow cable operators to deliver high quality voice, data, and video services to large numbers of users.

Buy $2.3B