Friday, August 2, 2013

CommScope Files for IPO

CommScope filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. 

CommScope is a leading global provider of connectivity and essential infrastructure solutions for wireless, business enterprise and residential broadband networks.

http://www.commscope.com


  • In July 2013, CommScope acquired Redwood Systems, a start-up offering LED lighting solutions and integrated sensor networks for data centers and buildings.  Financial terms were not disclosed.  Redwood Systems, which was based in Fremont, California, developed what is believed to be the world’s first smart building platform that powers and controls lights with a high-density sensor grid. This platform provides granular monitoring of space utilization, temperature and power consumption.  CommScope said the acquisition advances its position in intelligent building infrastructure solutions.  

  • In 2007, CommScope acquired Andrew Corp. in a deal valued at $2.6 billion at the time.  Andrew provided wireless solutions for antennas, cable products, base station subsystems, in-building and distributed coverage, geolocation systems and satellite communications.






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