WALLINGFORD, Conn. - Amphenol has announced a definitive agreement to acquire CommScope’s Connectivity and Cable Solutions (CCS) business for $10.5 billion in cash, subject to customary post-closing adjustments.
The transaction expands Amphenol’s interconnect product capabilities in the fast-growing IT datacom market, particularly adding fiber optic interconnect products for artificial intelligence and other data center applications, and further diversifies Amphenol’s portfolio of fiber optic and other interconnect product solutions in the communications networks and industrial markets.
CCS operates as three distinct businesses: Data Center Connectivity Solutions, which primarily sells fiber optic interconnect solutions to customers in the IT datacom market; Broadband Communications, which primarily sells fiber optic and other interconnect solutions to customers in the communications networks market; and Building Connectivity Solutions, which primarily sells a broad array of interconnect solutions integrated into existing and next-generation building technology in the industrial market.
Assuming a continuation of current economic conditions, the CCS business is expected to have sales and EBITDA margins of approximately $3.6 billion and 26% in calendar 2025, respectively. The acquisition is expected to be accretive to Amphenol’s Diluted Earnings Per Share in the first full year after closing, excluding acquisition-related costs.
Amphenol President and Chief Executive Officer, R. Adam Norwitt, said, “We are excited by the prospect of adding the CCS business and its more than 15,000 talented employees to the Amphenol family. CCS is a premier and iconic business with a wide array of innovative fiber optic and other interconnect technology and product capabilities, as well as a broad IP portfolio that is supported by the business’s robust research and development capabilities.”
