M&A Deal Summary

CommScope Acquires TE Connectivity - Broadband Network Solutions

On August 28, 2015, CommScope acquired communications company TE Connectivity - Broadband Network Solutions from TE Connectivity for 3.0B USD

Acquisition Highlights
  • This is CommScope’s 1st transaction in the Communications sector.
  • This is CommScope’s 2nd largest (disclosed) transaction.
  • This is CommScope’s 5th transaction in the United States.

M&A Deal Summary
Date 2015-08-28
Target TE Connectivity - Broadband Network Solutions
Sector Communications
Buyer(s) CommScope
Sellers(s) TE Connectivity
Deal Type Divestiture
Deal Value 3.0B USD

Target

TE Connectivity - Broadband Network Solutions

United States
TE Connectivity - Broadband Network Solutions (BNS) businesses is a provider of fiber optic connectivity for wireline and wireless networks.

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Buyer(S) 1

Buyer

CommScope

Claremont, North Carolina, United States
Category Company
Founded 1976
Sector Technology Hardware
Employees20,000
Revenue 5.8B USD (2023)
DESCRIPTION

CommScope is a designer, builder and manager of wired and wireless network communication equipment. CommScope was incorporated in 1976 and is based in Claremont, North Carolina.

DEAL STATS #
Overall 8 of 12
Sector (Communications) 1 of 2
Type (Divestiture) 1 of 1
Country (United States) 5 of 8
Year (2015) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Alifabs Group

Guildford, United Kingdom

Alifabs Group design, manufacture and supply of enclosures for the UK telecommunications, utility and energy markets,

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 Airvana

Chelmsford, Massachusetts, United States

Airvana LP is a provider of 4G LTE and 3G small cell solutions that enable people to access communications, information and entertainment in the most challenging and high-value environments—offices, public venues and homes.

Buy -

Seller(S) 1

SELLER

TE Connectivity

Schaffhausen, Switzerland
Category Company
Founded 1941
Sector Electrical Equipment
Employees85,000
Revenue 16.0B USD (2023)
DESCRIPTION

TE Connectivity is a designer and manufacturer of products at the heart of electronic connections for industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity was founded in 1941 and is based in Schaffhausen, Switzerland.

DEAL STATS #
Overall 9 of 13
Sector (Communications) 2 of 3
Type (Divestiture) 8 of 12
Country (United States) 5 of 8
Year (2015) 1 of 2
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-10 AdvancedCath

San Jose, California, United States

AdvancedCath, Inc. is a provider in the design, development and manufacturing of advanced catheter systems. AdvancedCath works with medical device OEMs to design and manufacture catheter and guidewire systems used in complex interventional and endosurgical procedures.

Buy $190M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 TE Connectivity - Circuit Protection Business

United States

TE Connectivity - Circuit Protection Business is a provider of resettable circuit protection devices with a strong global presence in the automotive, battery, industrial, communications and mobile computing markets.

Sell $350M
Mergr

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