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Corning Buys Business Small Cell Specialist SpiderCloud

Corning gets into the enterprise small cell biz with SpiderCloud buy.

Dan Jones

July 19, 2017

1 Min Read
Corning Buys Business Small Cell Specialist SpiderCloud

Corning is buying its way into the enterprise small cell market, announcing the acquisition of startup SpiderCloud for an undisclosed sum on Wednesday.

The company says in a statement that SpiderCloud will become part of the Corning Optical Communications segment, which aligns with its strategy of "growing annual sales from $3 billion in 2016 to $5 billion in 2020 through innovation and acquisitions."

The announcement of the acquisition comes days after it became apparent that Cisco Systems Inc. (Nasdaq: CSCO) is dropping out of the small cell business, which included a partnership with SpiderCloud Wireless . (See Cisco Shuttering Small Cell Biz – Report.)

The buy will bring fiber-focused Corning deeper into the small cell game. Major US operators are now on track to deploy multiple thousands of the tiny basestations this year.

For its part, SpiderCloud has been seen as an acquisition target by Light Reading since 2015. (See SpiderCloud: A Small Cell Acquisition Target?)

— Dan Jones, Mobile Editor, Light Reading

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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