(Bloomberg) -- CommScope Holding Co. agreed to buy Arris International Plc for about $7.4 billion including debt payments, creating a U.S. powerhouse in telecommunications networking equipment. The ...
HICKORY – Communications gear provider CommScope is predicting revenue growth and lower costs as well as opportunities to exploit such as 5G wireless following its acquisition of Arris International.
Network infrastructure provider CommScope confirmed it has inked a deal to buy telecommunications equipment maker Arris in an all-cash transaction worth $31.75 per share, or approximately $7.4 billion ...
Shares of CommScope Holding Company Inc (NASDAQ: COMM) do not reflect the extent of earnings accretion that is likely from the pending acquisition of ARRIS International plc (NASDAQ: ARRS), according ...
CommScope has agreed to purchase Arris in an all-cash deal with a total purchase price of $7.4 billion, $31.75 a share. Both companies have market capitalisations in the area of $5 billion. Notably, ...
CommScope and ARRIS have revealed that both companies have struggled to achieve revenue growth due to reduction in demand from its cable and telecom network customers in several regions. CommScope has ...
HICKORY — Commscope, Inc., a Hickory-based communications infrastructure company, says current Arris International CEO Bruce McClelland will join Commscope as chief operating officer after its ...
(Reuters) - U.S. telecom equipment maker CommScope Holding said on Thursday it would buy set-top box maker Arris International Plc in a $7.4 billion deal to bulk up its business ahead of the global ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. CommScope Holding Co. Inc. (NASDAQ: COMM) had a very ...
FILE- In this Sept. 26, 2018, file photo visitors stand near a 5G logo at a display the PT Expo in Beijing. Telecommunications equipment maker CommScope Holding Co. is paying about $5.7 billion for ...
Telecom gear vendor CommScope is close to a deal to acquire Ruckus Wireless parent Arris International for north of $5.6 billion and could announce the transaction as soon as Wednesday, according to a ...