Amphenol (NYSE:APH) saw its stock gain 4.5% in premarket trading after announcing a major acquisition agreement with CommScope (NASDAQ:COMM) to purchase its Connectivity and Cable Solutions (CCS) division for roughly $10.5 billion in cash.
The transaction, pending approval from CommScope shareholders, is expected to close in the first half of 2026. CommScope projects it will net around $10 billion from the deal after accounting for taxes and transaction-related costs.
The acquisition marks a significant move for Amphenol, a leading provider of interconnect, sensor, and antenna technology. Adding CommScope’s CCS business will further solidify Amphenol’s presence in the global communications infrastructure space.
This deal aligns with a broader trend in the connectivity and telecom sectors, where companies are consolidating and expanding their offerings to meet the rising demand for advanced network solutions.
For CommScope, the sale represents a major divestiture that will enable it to reallocate capital, reduce debt, and sharpen its strategic focus on its remaining business units.
Investors welcomed the announcement, as seen in Amphenol’s stock performance Monday morning, signaling confidence in the long-term value and growth potential the deal could bring.
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