CommScope is selling its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation.
The Claremont company confirmed Monday that Amphenol would pay $10.5 billion in case for the business. The deal is expected to close in the first half of 2026, subject to regulatory approval, and a final vote from CommScope shareholders.
In a statement, CommScope said that it anticipates that after redeeming all preferred equity, which is held by investment firm Carlyle the Company will have significant excess cash that will then be distributed to shareholders as a dividend within 60 to 90 days after the transaction closes.
“I’m excited to announce this transformational deal that unlocks equity value, returns cash to our shareholders and strengthens our remaining businesses,” said Chuck Treadway, CEO, CommScope. “ANS and RUCKUS will continue to stay focused on what matters most—our shareholders, customers, employees and other stakeholders. In our ANS and RUCKUS businesses, we will continue to develop the next generation of network connectivity. CommScope’s CCS business is positioned to continue to perform well under Amphenol’s leadership.”
CommScope has also reported net sales of $1.39 billion, an increase of 31.7% from the prior year. Treadway said the company was well positioned for future growth.
