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Amphenol to Buy CommScope’s Connectivity and Cable Unit for $10.5 Billion

The deal will expand Amphenol’s fiber-optic interconnect offerings for AI and data center networks with closing expected in early 2026 pending approvals

Aerospace components manufactured by Amphenol are displayed at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 21, 2023. REUTERS/Benoit Tessier/File Photo
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Overview

  • Regulatory approvals are the final step ahead of the expected first-half 2026 closing
  • The $10.5 billion cash transaction secures CommScope’s Connectivity and Cable Solutions business for Amphenol
  • Amphenol forecasts the addition will generate about $3.6 billion in sales with 26% EBITDA margins
  • Executives project the acquisition to be accretive to earnings per share in its first full year post-closing
  • CommScope shares jumped 75% on the announcement and Amphenol stock hit record highs as investors reacted positively