CommScope

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CommScope
Type Public
Traded as NASDAQCOMM
Founded 1976
Headquarters 1100 CommScope Place SE Hickory, North Carolina 28603, United States
Operating income Increase US$ 935 million (2013)[1]
Net income Increase US$ 95 million (2013)[1]
Employees 15,000[2]
Website www.commscope.com
CommScope booth at the Mobile World Congress 2012 in Barcelona

CommScope Inc. is a multinational telecommunications company based in Hickory, North Carolina, United States, since its founding in 1976. CommScope is a 1997 spin-off of General Instruments, and now has over 15,000 employees worldwide, with customers in over 130 countries.

CommScope manufactures SYSTIMAX and Uniprise brands of Enterprise infrastructure of copper Unshielded Twisted Pair cabling, connector panels, jacks and fiber optic cabling, connector panels, racking and metals. CommScope also manufactures environmentally secure cabinets for FTTN and DSL applications.

In 2007 CommScope's net sales were approximately US$1.93 billion.[citation needed]

On October 25, 2010, The Carlyle Group announced it would pay $31.50 a share, or about $2.98 billion, to take CommScope private.[3]

In July 2011, CommScope received the 2010 Communications Solutions Product of the Year Award from Technology Marketing Corporation for its product, Wired For Wireless.[4]

On August 2, 2013, CommScope filed with the SEC to raise up to $750 million in an initial public offering.

Acquisitions[edit]

In 2004 the company acquired Avaya's Connectivity Solutions business, and in 2007 acquired Andrew Corporation, for a total of 15,000 employees worldwide. The Avaya business acquisition included the legacy intellectual property and patents from Western Electric, AT&T, Lucent Technologies and Avaya. Also in January 2008 CommScope acquired Andrew Corp, a leader in wireless infrastructure and equipment. Andrew's products include antennas, cables, amplifiers, repeaters, transceivers, as well as software and training for the broadband and cellular industries.

References[edit]

  1. ^ a b "CommScope Reports Strong First Quarter 2014 Results". CommScope. Retrieved 2014-06-27. 
  2. ^ "Investor Relations". CommScope. Retrieved 2014-06-27. 
  3. ^ "CommScope in talks with Carlyle on $2.98B buyout". News & Record. Associated Press. 2010-10-25. Retrieved 2010-10-26. 
  4. ^ "CommScope Receives 2010 Communications Solutions Product of the Year Award | EON: Enhanced Online News". eon.businesswire.com. 2011. Retrieved 9 August 2011. 

External links[edit]