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12.01.26 - 14:12
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Amphenol Completes Acquisition of CCS Business From CommScope (Business Wire)
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WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today announced that it has completed its previously announced acquisition of CommScope's (NASDAQ: COMM) Connectivity and Cable Solutions (CCS) business.
“The acquisition of the CCS business adds significant fiber optic interconnect capabilities for the IT datacom and communications networks markets as well as a diverse range of industrial interconnect products for the building infrastructure connectivity market,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “We are excited to welcome the approximately 20,000 talented CCS employees to the Amphenol family and look forward to further supporting our customers who are developing next-generation products in the IT datacom, communications networks and industrial markets around the world.”
Amphenol expects the CCS business to generate full-year 2026 sales of approximately $4.1 billion. Post closing, the acquisition is expected to be approximately $0.15 accreti...
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12.01.26 - 14:06
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CommScope Completes Divestiture of Connectivity and Cable Solutions Segment and Rebrands Parent Company (Business Wire)
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RICHARDSON, Texas--(BUSINESS WIRE)--#CommScope--CommScope (NASDAQ: COMM), announced today the closing of the transaction to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation (NYSE: APH). The Company announced the signing of a definitive agreement for the transaction on August 4, 2025. After paying fees and expenses associated with the transaction, the proceeds from the sale will be used to repay all outstanding debt and redeem all preferred equity, which is held by global investment firm Carlyle (NASDAQ: CG). After adding modest leverage on the remaining business, the Company will have significant excess cash. The Company expects to distribute excess cash to shareholders as a dividend within 60 to 90 days of transaction closing. The dividend is expected to be no less than $10 per share, but the exact amount and timing of the dividend will be determined by the Company after taking into account all relevant factors.
The Company will be renamed Vistance™ Networks effective Jan...
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04.11.25 - 17:12
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Up 200%, Is CommScope (COMM) Stock About to Collapse? (24/7 Wall St.)
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Should you buy a stock after it just tripled? That's the billion-dollar question facing investors as they consider a stake in CommScope (NASDAQ:COMM) stock in November 2025. Just to recap, CommScope is a telecommunications infrastructure developer that enables wired and wireless networks, fiber optic connectivity, and so on. Technology-sector assets like COMM stock have performed ... Up 200%, Is CommScope (COMM) Stock About to Collapse?
The post Up 200%, Is CommScope (COMM) Stock About to Collapse? appeared first on 24/7 Wall St.....
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