Telecommunications infrastructure provider Andrew Corp. has been busy this week with announcements regarding recent acquisitions and new contracts.
The company has acquired the assets of ScoreBoard Inc., which supplies radio spectrum resource optimization services and products to wireless carriers. Andrew will add ScoreBoard’s assets to its Network Solutions product line, which includes the Geometrix Wireless Location System and the Invex 3G wireless network test and measurement product line.
Separately, second-quarter 2003 financial results were released this week for Andrew and Allen, both of which reflected improved sales. Andrew’s sales were up 5 percent from last year to $213.7 million and Allen’s revenues were up 38 percent to $126 million.
Consolidation of the two companies, expected to be substantially completed by the end of 2004, will include the closure of at least nine manufacturing and distribution facilities, which will reduce worldwide facility square footage by 20 percent, or 500,000 square feet. The company also plans a work force reduction of approximately 400 people, which will reduce work force costs by $30 million. In all, Andrew will have cut 700 employees and plans to add 300 at lower costs. The company said its current combined headcount is approximately 7,300.
Andrew also announced this week that Corr Wireless Communications L.L.C. will use its Geometrix E911 wireless caller location system to provide public-safety agencies with accurate caller location information on enhanced 911 calls. Geometrix was originally developed by the Grayson Wireless division of Allen Telecom Inc. and became part of Andrew’s Network Solutions product line following Andrew’s acquisition of Allen, which closed July 15.
