CommScope Finalizes CCS Sale to Amphenol and Exits Cable Manufacturing
CommScope has completed the sale of its Connectivity and Cable Solutions (CCS) wire and cable business to Amphenol. As a result, CommScope now fully exits wire and cable manufacturing and shifts its focus to new networking solutions.
10.5 Billion Dollar Deal Reshapes Two Industry Leaders
According to a company press release, CommScope values the CCS divestiture at about 10.5 billion dollars. The deal, first announced in August, therefore marks a major move for both companies.
Through this transaction, Amphenol adds a wide portfolio of copper and fiber cables, coaxial products, and connectivity hardware to its Communications Solutions segment. In addition, the acquired CCS business serves telecom, broadband, enterprise, and data center markets and includes around 20,000 employees worldwide.
For more details on the Communications Solutions portfolio, visit the official Amphenol website at https://www.amphenol.com.
CCS Legacy Continues Under Amphenol’s Communications Solutions Segment
CommScope, founded in 1976, built a strong global reputation in communications infrastructure. Over time, the company grew its presence in copper and fiber cabling, coaxial products, and connectivity hardware. At its peak, CommScope ranked as the world’s largest producer of coaxial cable for HFC networks and a leading supplier of enterprise structured cabling systems.
Under the terms of the deal, Amphenol will continue to use the CommScope name and key CCS brands within its Communications Solutions segment. This approach, in turn, preserves brand recognition and customer confidence in global markets.
CommScope Transitions to New Brand: Vistance Networks
Following the divestiture, CommScope’s remaining businesses will no longer operate under the CommScope name. Instead, the company has introduced a new corporate identity: Vistance Networks.
Vistance Networks will focus on network intelligence, connectivity platforms, and managed networking services. Moreover, it will build on the platform, access, and enterprise networking technologies that CommScope developed as it moved beyond its legacy manufacturing roots.
For additional information on the company’s strategy and roadmap, visit https://www.commscope.com.