wiredInUSA January 2019

Entertaining acquisition M A K I N G T H E NEWS

CommScope has plans to acquire global entertainment and communications provider Arris International in what, at $7.4 billion, would represent CommScope’s largest ever acquisition. In a press release, CommScope said that once the deal is completed “the newly combined company is expected to generate profitable growth in new markets, and lead the way in wired and wireless communications,” as well as position the company to benefit from industry trends such as network convergence, fiber, mobility, 5G, Internet of things and the ever-changing network and technology architectures.

we operate in, we are confident that combining with Arris is the best path forward for CommScope to grow and provide the greatest returns for shareholders,” said CommScope president and CEO Eddie Edwards. will bring together a unique set of complementary assets and capabilities that enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own. With Arris, we will access new and growing markets, and have greater technology, solutions and employee talent that will provide additional value and benefit to our customers and partners.” “CommScope and Arris

“After a comprehensive evaluation of our business, and the evolving industry

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wiredInUSA - January 2019