the seven Regional Bell Operating Company (RBOC) carriers as independent entities, the U.S. market for telecommunications expanded by 90 percent. ADC became a supplier for the RBOCs. ADC embarked on some acquisitions in the early 1990s, attempting to move "up the stack" in the datacom field by acquiring companies that manufactured datacom equipment. However, their ability to find synergies between these companies proved limited and eventually ADC was forced to move away from a hardware-only strategy, broadening out into software. This effort resulted in limited success as well, and happening about the same time as the dot-com bubble burst, caused ADC stock to plummet. Despite these ups and downs, ADC continued to survive and on July 13, 2010, the company released this announcement: "Tyco Electronics (NYSE: TEL) and ADC (Nasdaq: ADCT) announced today a definitive agreement under which Tyco Electronics will acquire ADC for $12.75 per share in cash, or an enterprise value of approximately $1.25 billion. The transaction is expected to be accretive by approximately $0.14 per share in the first full year after closing excluding acquisition-related costs." The acquisition of ADC by TE Connectivity was completed on December 9, 2010 On January 28, 2015, it was publicly announced that the boards of directors of both TE Connectivity and CommScope agreed for CommScope to purchase the Broadband Network Solutions business unit of TE Connectivity in an all-cash deal for US$3.0 billion. The former ADC is a part of this business unit. The purchase of the Broadband Network Solutions business was closed on Aug 31. 2015 Corporate acquisitions In 1993, ADC acquired Fibermux Corp., a manufacturer of LAN Hubs and Data Multiplexers, later merging the Fibermux division with the Kentrox subsidiary. ADC sold Kentrox to the private equity firm Platinum Equity, LLC in 2001. ADC also acquired American Lightwave Systems, a manufacturer of uncompressed video transport equipment for telecom carriers. This division was later sold to C-COR Electronics. In 1996, ADCT merged with ITS (Information Transmission Systems) but has since sold it off. In 1999 ADC acquired Saville later sold to Intec Telecom Systems. In FY2005, ADC acquired Fiber Optic Network Solutions (FONS) to expand its FTTX offerings and OpenCell to enhance its wireless coverage and capacity offerings. In 2007 ADC acquired LGC Wireless to expand its portfolio of wireless coverage and capacity products and services. In 2008, ADC expanded its market presence and manufacturing capacity in China with the