Market Insight

CommScope to Acquire Arris for $7.4B, Creating Cable Industry Heavyweight Poised for the Future

November 28, 2018  | Subscribers Only

Want to learn more?
Have an expert contact you.

US telecommunications equipment maker CommScope will acquire Arris, in a $7.4B deal valued at $5.69 billion, with the difference comprised of CommScope’s assumption of Arris’s debt. As part of the deal, the Carlyle Group will make a $1M equity investment in CommScope for an approximate 16% stake in the new company. 

CommScope’s CEO Eddie Edwards has claimed the two companies’ product lines are complementary, and that the combined company will “enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own.”

The deal is expected to close in the first half of 2019.

Arris Huawei Nokia
Share facebook Twitter Google Plus Linked In Add This Contact Us