The European Commission gave an unconditional clearance for the acquisition of Andrew Corporation by CommScope. The deal was first announced in June 2007 at a valuation of US$2.6 billion.
CommScope is a global leader in structured cabling systems for business enterprise applications and also the largest manufacturer of coaxial cable for Hybrid Fiber Coaxial (HFC).
Andrew provides broad-based wireless solutions for antennas, cable products, base station subsystems, in-building and distributed coverage, geolocation systems and satellite communications.
The merger will create a global leader in infrastructure solutions for communications networks. Its portfolio will include structured cabling solutions for the business enterprise; broadband cable and apparatus for cable television applications; and antenna and cable products, base station subsystems, coverage and capacity systems, and network solutions for wireless applications.
http://www.commscope.com
http://www.andrew.com
Monday, December 3, 2007
EC Clears CommScope Acquisition of Andrew
Monday, December 03, 2007
Financial