Amphenol (APH) said Monday it has completed acquisition of CommScope's (COMM) outdoor wireless networks and distributed antenna systems businesses.
Amphenol said it expects the two businesses to generate full-year 2025 sales of approximately $1.3 billion and add $0.06 to its 2025 earnings per share, excluding acquisition-related expenses.
The acquisition adds about 4,000 new employees, the company said.
Amphenol also said it closed its acquisition of Lifesync, which generates annual sales of about $100 million.
CommScope said in a separate statement that proceeds from the sale will be used to pay down debt.
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