# ADTRAN and ADVA to merge in all-stock deal to create fiber networking leader

ADTRAN and ADVA announced a business combination agreement to merge in an all-stock transaction, creating a combined company with $1.2 billion revenue. ADTRAN shareholders will own approximately 54% and ADVA shareholders approximately 46%.

- Type: Acquisition
- Announced: 2021-08-30
- Status: announced
- Products: fiber networking solutions, fiber access, metro wavelength division multiplexing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ADTRAN](https://endata.com/companies/57379.md) (acquirer)
- [ADVA](https://endata.com/companies/57380.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20210830005327/en/ADTRAN-and-ADVA-Announce-Combination-to-Create-Global-Scaled-End-to-End-Fiber-Networking-Solutions-Leader), 2021-08-30: "ADTRAN, Inc., and ADVA announced today the entry into a business combination agreement to combine the two companies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.