Amphenol Corp. on the Verge of Major Acquisition

Amphenol Corp., a leading Connecticut-based manufacturer known for its interconnect, sensor, and antenna products, is reportedly closing in on a monumental $10.5 billion deal. The target? CommScope Holding's broadband connectivity and cable unit, as revealed by sources familiar with the negotiations to the Wall Street Journal.

Deal Timeline and Significance

Barring any unforeseen last-minute obstacles, the acquisition is expected to be finalized by Monday. This unit stands as CommScope's largest division, dominating in both sales and operating income, and plays a pivotal role in providing broadband connectivity solutions across internet providers, data centers, and network infrastructures.