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.