Monday, December 3, 2007

EC Clears CommScope Acquisition of Andrew

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.

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