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CommScope buying some of TE Connectivity ops for about $3B

2015-01-28 13:07:12| Electronics - Topix.net

CommScope is buying TE Connectivity Ltd.'s telecom, enterprise and wireless businesses for about $3 billion, which will help diversify its operations and broaden its geographic reach. The businesses, made up of 65 facilities and approximately 10,000 employees, had annual revenue of approximately $1.9 billion in fiscal 2014.

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