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US CONNECTIVITY GIANT CORNING BUYS MOBILE ACCESS

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Monday, March 28th, 2011

World-leading optical connectivity company Corning Inc has acquired Israeli wireless network solutions developer MobileAccess Ltd.

MobileAccess, formerly Foxcom Wireless, was founded in 1998. The company develops distributed antenna system (DAS) solutions for wireless telecommunications coverage inside buildings. MobileAccess’ customers include AT&T Inc. (NYSE: T), Verizon Corporation (NYSE: VZ), and Deutsche Telekom AG (NYSE: DT; DAX: DTE), as well as financial and other corporations.

MobileAccess will be integrated into Corning Cable Systems, part of Corning’s telecommunications business segment. Corning manufactures specialty glass and ceramics for keystone components for consumer electronics, mobile emissions control, telecommunications and life sciences.