Huntsville’s Adtran and Munich’s Adva announce merger in $931M deal

New company will maintain headquarters in Alabama, Europe.

Huntsville’s Adtran and Munich-based Adva will merge, with the new company retaining Adtran’s name and headquarters in Alabama and Germany. MarketWatch valued the all-stock deal at $931.1 million. The merger will “create a leading global, scaled provider of end-to-end fiber networking solutions for communications service provider, enterprise and government customers,” according to a press release,…

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