Amphenol Corporation (NYSE: APH) has completed the acquisition of CommScope's (NASDAQ: COMM) outdoor wireless networks (OWN) and distributed antenna systems (DAS) businesses. This acquisition is expected to generate approximately $1.3 billion in sales for the full year of 2025. Additionally, the acquisition is anticipated to be approximately $0.06 accretive to Amphenol's 2025 earnings per share, excluding acquisition-related expenses.
Furthermore, Amphenol has also closed the acquisition of Lifesync Corporation, a high-technology provider of interconnect products for medical applications, which generates annual sales of approximately $100 million.
Amphenol's President and CEO, R. Adam Norwitt, expressed excitement about the acquisition, noting that it brings a strong portfolio of innovative and advanced technologies for communications networks to Amphenol. The company looks forward to welcoming nearly 4,000 talented employees to the Amphenol family and further supporting customers in developing next-generation wireless networks globally.
These acquisitions align with Amphenol's position as one of the world's largest designers, manufacturers, and marketers of electrical, electronic, and fiber optic connectors and interconnect systems. The company operates in approximately 40 countries and has a diversified presence in high-growth areas of the interconnect market, including automotive, commercial aerospace, communications networks, defense, industrial, information technology, data communications, and mobile devices. Following these announcements, the company's shares moved -2.9%, and are now trading at a price of $68.72. If you want to know more, read the company's complete 8-K report here.