Amphenol Completes Buy of CommScope Business Units
CommScope completed the proposed sale of its outdoor wireless networks unit and distributed antenna systems business to Amphenol for $2.1 billion in cash (see 2407190017), the companies said Monday. The acquisition “brings to Amphenol a strong portfolio of innovative and…
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advanced technologies for communications networks,” said CEO Adam Norwitt, whose company also picks up 4,000 employees. Amphenol looks forward to “further supporting our customers who are developing next-generation wireless networks around the world,” he added.