HICKORY, N.C.--(BUSINESS WIRE)--CommScope, a global leader in infrastructure solutions for communications networks, has completed its acquisition of Argus Technologies, a leading producer of innovative antenna solutions for wireless applications. Terms of the agreement are not being disclosed.
Argus, headquartered near Sydney, Australia, provides a wide array of high performance, high technology antennas for base stations, stadiums and venues, and other wireless applications. The acquisition enables CommScope to broaden its antenna solutions portfolio, deepen its research and development capabilities, strengthen its global market presence and accelerate its growth in the wireless market.
"We welcome the Argus team to CommScope and are excited about our future together as we help customers evolve their networks to new technologies and address challenges presented by today's data hungry, on-the-go society," said Randy Crenshaw, executive vice president and chief operating officer, CommScope.
About Argus Technologies:
Argus Technologies was founded in 1994 as a specialist designer and manufacturer of cellular antennas for the mobile telecommunications industry, and is widely recognized as a market leader in delivering innovative antenna solutions for the global mobile telecommunications market. The Sydney-based corporate headquarters supports a growing customer base through offices in Hong Kong, Beijing, Shanghai, Guangzhou, the UK and the USA. Argus is committed to developing cutting-edge technology by working closely with numerous service providers and original equipment manufacturers to develop and supply network enhancing antenna solutions.
About CommScope:
CommScope (www.commscope.com) has played a role in virtually all the world's best communication networks. We create the infrastructure that connects people and technologies through every evolution. Our portfolio of end-to-end solutions includes critical infrastructure our customers need to build high-performing wired and wireless networks. As much as technology changes, our goal remains the same: to help our customers create, innovate, design, and build faster and better. We'll never stop connecting and evolving networks for the business of life at home, at work, and on the go.
This press release includes forward-looking statements that are based on information currently available to management, management's beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.
Contacts
News Media Contact:
Rick Aspan, CommScope
+1 708-236-6568 or publicrelations@commscope.com
or
Janice Chong, CommScope (Asia Pacific)
+65 630 354 41 or janice.chong@commscope.com
or
Lender Contact:
Phil Armstrong, CommScope
+1 828-323-4848