financetom
Technology
financetom
/
Technology
/
Amphenol to buy CommScope's broadband connectivity, cable unit for $10.5 billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amphenol to buy CommScope's broadband connectivity, cable unit for $10.5 billion
Aug 4, 2025 4:39 AM

(Reuters) -Fiber-optic cable maker Amphenol said on Monday it will buy CommScope's connectivity and cable solutions business for $10.5 billion in an all-cash deal.

Shares of CommScope surged 42% in premarket trading, while Amphenol rose about 2%.

The transaction aims to bolster Amphenol's portfolio, particularly by adding fiber optic interconnect products for artificial intelligence and other data center applications.

The deal is expected to close in the first half of 2026 and will add to Amphenol's diluted earnings per share in first full year after closing.

(Reporting by Kritika Lamba in Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
The Analyst Landscape: 3 Takes On Synaptics
The Analyst Landscape: 3 Takes On Synaptics
Nov 9, 2024
Across the recent three months, 3 analysts have shared their insights on Synaptics ( SYNA ) , expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
ASML hit with global IT outage that was resolved
ASML hit with global IT outage that was resolved
Nov 9, 2024
Nov 8 (Reuters) - Computer chip equipment maker ASML had a global IT systems outage on Friday, which has been resolved, a spokesperson for the company told Reuters. All systems are fully recovered, the company said, adding that the cause of the outage is currently being investigated. The outage, which caused some employees to work remotely, was first reported by...
In-Depth Examination Of 15 Analyst Recommendations For Lumentum Holdings
In-Depth Examination Of 15 Analyst Recommendations For Lumentum Holdings
Nov 9, 2024
Analysts' ratings for Lumentum Holdings ( LITE ) over the last quarter vary from bullish to bearish, as provided by 15 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 5...
Trillion-dollar companies: 9 most valuable mega-cap stocks
Trillion-dollar companies: 9 most valuable mega-cap stocks
Nov 9, 2024
The most valuable companies in the world have grown to impressive heights in recent years, with nine publicly traded companies reaching market capitalizations of roughly $1 trillion or more. All but one of the companies come from the tech sector, with many offering products and services that consumers use every day. Several of them also made it onto Bankrate's list...
Copyright 2023-2025 - www.financetom.com All Rights Reserved