CommScope has signed an agreement to acquire Argus Technologies, a leading producer of innovative antenna solutions for wireless applications. The terms of the agreement are not being disclosed. The acquisition is expected to be completed by the end of the third quarter of 2011.

Argus Technologies, headquartered in Bella Vista, New South Wales, Australia, provides a wide array of high performance, high technology antennas for base stations, stadiums and venues, and other wireless applications. The company has become a well-respected global competitor in the wireless network antenna market since its founding in 1994 by Dr. Bevan Jones, John Bonello and Danny Schwotzer.

The acquisition will enable 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 are very excited to work with the distinguished team from Argus and look forward to building upon their excellent technology, proven innovation and specialized solutions such as high capacity antennas for large venues,” said Paul Bell, senior vice president and general manager, Base Station Antennas and Microwave Products. “Argus will be a strong fit for us as we continue to support wireless operators globally in their evolution to new technologies and their drive to meet the ever-increasing bandwidth needs of consumers and businesses.”

The demand for bandwidth and growth in network traffic continues to drive wireless carriers, enterprises and broadband service providers to invest in communications infrastructure. Wireless subscriber growth in developing markets, the adoption of 3G and 4G services in more mature markets, and network coverage needs inside buildings, tunnels and other hard-to-reach locations are key growth catalysts for the wireless market. CommScope solutions span the entire radio frequency (RF) landscape, helping wireless carriers manage increasing cell site complexity and optimize network planning, capacity, coverage, and performance.

Argus’ top operating executives—John Bonello, managing director, and Bevan Jones, group technology director—are expected to continue in active roles with the business upon completion of the acquisition.

“We’re pleased to join CommScope, and look forward to pairing our antenna research and technology strengths with a company that already is a respected global leader in RF solutions for wireless network infrastructure,” said Bonello. “We believe that by combining our strong and complementary antenna technologies we can provide even better solutions as wireless customers evolve their networks around the globe.”

CommScope will fund the acquisition from cash on hand and funds available under its revolving credit facility.

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.

Contact Us

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
John Bonello, Argus Technologies
+61 419170761 or jbonello@argusantennas.com
or
Lender Contact:
Phil Armstrong, CommScope
+1 828-323-4848