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CommScope Agrees To Acquire TE Connectivity's Telecom, Enterprise and Wireless Businesses

2015-01-29 09:12:21| Wireless - Topix.net

CommScope Holding Company, Inc. has agreed to acquire TE Connectivity's Telecom, Enterprise and Wireless businesses in an all-cash transaction valued at approximately $3 billion. The transaction, which was approved by the boards of directors of both companies, is expected to accelerate CommScope's strategy to drive profitable growth by entering into attractive adjacent markets and to broaden its position as a leading communications infrastructure provider.

Tags: wireless businesses enterprise telecom

Category:Telecommunications

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