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CommScope to acquire Cable Business Assets of Casa Systems in auction

RECENTLY ACQUIREDMay 30, 2024

Acquiring Company

CommScope

Acquired Company

Casa Systems

North CarolinaAndoverInformation TechnologyHardwareWirelessTelecommunicationsSoftware

Description

CommScope, a global leader in network connectivity, has been selected as the highest and best bidder to acquire Casa Systems, Inc.'s Cable Business assets through an auction process. The strategic acquisition is expected to strengthen CommScope’s leading market position in Access Network Solutions and enhance its virtual CMTS and PON product offerings.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

CommScope

Location

North Carolina, United States

About

CommScope (NASDAQ: COMM) is a global leader in network connectivity, pushing the boundaries of technology to create the world’s most advanced wired and wireless networks. Their global team of employees, innovators, and technologists empower customers to anticipate what’s next and invent what’s possible.

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Frequently asked

Who acquired Casa Systems?

Casa Systems was acquired by CommScope, based in North Carolina. The deal was reported on May 30, 2024. CommScope (NASDAQ: COMM) is a global leader in network connectivity, pushing the boundaries of technology to create the world’s most advanced wired and wireless networks. CommScope is privately held and operates in Information Technology.

When did CommScope acquire Casa Systems?

CommScope's acquisition of Casa Systems was reported on May 30, 2024. CommScope, a global leader in network connectivity, has been selected as the highest and best bidder to acquire Casa Systems, Inc.'s Cable Business assets through an auction process. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Casa Systems do?

Casa Systems, Inc. (Nasdaq: CASA) is a next-gen technology leader that supports mobile, cable, and wireline communications services providers with market leading solutions. It is privately held, operating in Software, and is based in Andover.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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