CommScope acquires Cable Exchange

CommScope (NASDAQ: COMM), a global provider of infrastructure solutions for communications networks, has completed its acquisition of Cable Exchange, a privately held, quick-turn supplier of fiber optic and copper assemblies for data, voice and video communications, the company said.

Cable Exchange, based in Santa Ana, Calif., manufactures a variety of fiber optic and copper cables, trunks and related products used in high-capacity data centers and other business enterprise applications.

The company, founded in 1986, specializes in quick-turn delivery of its infrastructure products to customers from its two US manufacturing centers located in Santa Ana, Calif. and Pineville, NC.

This highly complementary acquisition deepens CommScope´s capabilities in supporting the growing market for high-capacity, multi-tenant data centers and hyperscale data centers operated by the world´s largest technology and retail companies. As more user-driven information and commerce flows through networks, operators are quickly deploying larger and more complex data centers to support growth in traffic and transactions.

The leadership team and employees of Cable Exchange are joining CommScope and will operate as a stand-alone business within CommScope´s Connectivity Solutions segment.

CommScope funded the acquisition with cash on hand.

CommScope helps companies around the world design, build and manage their wired and wireless networks. Our vast portfolio of network infrastructure includes some of the world´s most robust and innovative wireless and fiber optic solutions. Our talented and experienced global team is driven to help customers increase bandwidth; maximize existing capacity; improve network performance and availability; increase energy efficiency; and simplify technology migration. You will find our solutions in the largest buildings, venues and outdoor spaces; in data centers and buildings of all shapes, sizes and complexity; at wireless cell sites; in telecom central offices and cable headends; in FTTx deployments; and in airports, trains, and tunnels. Vital networks around the world run on CommScope solutions.