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In 2007, CommScope was set to acquire Andrew Corporation in a $2.6 billion deal [71] through a stock swap, positioning Andrew's stock prices at $15.00/share at the time of acquisition. Ralph Faison justified his decision on the 2007 Andrew/CommScope merger by stating "CommScope has a strong position in the corporate-wireless market, an area ...
CommScope Holding Company, Inc. is an American network infrastructure provider based in Claremont, North Carolina. CommScope employs over 22,000 employees. CommScope employs over 22,000 employees. [ 4 ] [ 5 ] [ 6 ] The company joined the Nasdaq stock exchange on October 25, 2013.
On January 28, 2015, it was publicly announced that the boards of directors of both TE Connectivity and CommScope agreed for CommScope to purchase the Broadband Network Solutions business unit of TE Connectivity in an all-cash deal for US$3.0 billion. The former ADC is a part of this business unit.
CommScope (CTV), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion. If the deal goes through, Carlyle would ...
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On November 8, 2018, CommScope announced an agreement to acquire Arris for $7.4 billion. The transaction was completed on April 4, 2019. The transaction was completed on April 4, 2019. [ 3 ] [ 9 ] In the transaction, CommScope also acquired Ruckus Networks and ICX Switch, two companies Arris had recently acquired from Broadcom , with Arris and ...