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CommScope buying some of TE Connectivity ops for about $3B

2015-01-28 13:07:12| Electronics - Topix.net

CommScope is buying TE Connectivity Ltd.'s telecom, enterprise and wireless businesses for about $3 billion, which will help diversify its operations and broaden its geographic reach. The businesses, made up of 65 facilities and approximately 10,000 employees, had annual revenue of approximately $1.9 billion in fiscal 2014.

Tags: buying connectivity ops commscope

Wireless Connectivity Technologies in Home Audio: 2015

2015-01-28 11:48:51| Wireless - Topix.net

In recent years home audio device vendors have embraced wireless technology for streaming audio. There have been many factors that have driven adoption of wireless technology, not least the growing trend to store and stream music from portable devices such as smartphones.

Tags: home audio technologies wireless

TE Connectivity nears deal to sell network business to CommScope: WSJ

2015-01-27 04:50:00| Electronics - Topix.net

Swiss electronics company TE Connectivity Ltd is said to be nearing a deal to sell its network equipment unit to CommScope Holding Co Inc for about $3 billion, the Wall Street Journal reported, citing people familiar with the matter. The deal does not include the networking business' subsea fiber optics operation, which is used by telecom and oil and gas customers, the Journal reported.

Tags: business network sell deal