.
MergerLinks Header Logo

New Deal


Announced

Completed

CommScope has completed the acquisition of Broadband Network Solutions business of TE Connectivity for $3.0bn.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA10.03x
Share Price Premium-
One Off Charge-

Tags

Edit

broadband connection hardware

Telecommunications Equipment

Disposal

Private

Completed

Friendly

Switzerland

Synopsis

Edit

CommScope, broadband, enterprise, and wireless infrastructure solutions provider, has completed the acquisition of Broadband Network Solutions business of TE Connectivity, a world leader in connectivity, for $3.0bn. "Our strategy is focused on strengthening our leadership position in connectivity and sensor solutions, with an emphasis on harsh environment applications. With the sale, 90% of our sales are derived from the attractive connectivity and sensor markets, and over 80% address harsh environments applications. These markets have strong underlying growth drivers as customers develop innovative products to meet the demands of a smarter, greener, safer and more connected world. We want to thank the BNS team for their leadership over the years, and wish them continued success as part of the CommScope team." Tom Lynch TE Connectivity Chairman and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US