wiredInUSA August 2017

Cable acquisition

CommScope president and chief executive officer Eddie Edwards

Subject to customary closing conditions, CommScope is to acquire Cable Exchange, a manufacturer of fiber optic and copper cables, trunks and related products for high capacity data centers and business enterprise applications. The US company, founded in 1986, has two manufacturing centers. The acquisition is planned to broaden CommScope’s capabilities in supporting high capacity, multi-tenant and hyperscale data centers. As more user-driven information and commerce flows through networks, operators are quickly deploying larger and more complex data centers to support growth in traffic and transactions.

CommScope’s president and chief executive officer, Eddie Edwards, described Cable Exchange as: “a trusted and respected provider of critical network infrastructure with strong customer relationships.” He continued: “While the overall business environment remains challenging, we believe Cable Exchange’s leadership in the attractive quick-turn industry will complement our efforts in addressing this important market opportunity.” The leadership team and employees of Cable Exchange will join CommScope on completion of the transaction. Cable Exchange will operate as a separate business within CommScope’s connectivity solutions segment.

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wiredInUSA - August 2017