CommScope Selected as Highest and Best Bid in Auction to Acquire Cable Business Assets of Casa Systems
CommScope Selected as Highest and Best Bid in Auction to Acquire Cable Business Assets of Casa Systems
CommScope (NASDAQ: COMM), a global leader in network connectivity, was selected by Casa Systems, Inc. ("Casa"), as the highest and best bidder to acquire Casa's Cable Business assets.
康普 網絡連接領域的全球領導者納斯達克股票代碼：COMM）被Casa Systems, Inc.（“Casa”）選爲收購Casa有線電視業務資產的最高和最佳出價者。
A purchase agreement was entered into on May 29, 2024, between CommScope and Casa Systems, Inc. after CommScope entered the winning bid of $45,100,000 to purchase the Cable Business assets through an auction process under section 363 of the Bankruptcy Code. A sale hearing is scheduled for June 4, 2024, and the transaction is expected to close June 6, 2024.
康普於2024年5月29日與Casa Systems, Inc.簽訂了收購協議，此前康普根據破產法第363條通過拍賣程序以45,100,000美元的價格中標收購有線電視業務資產。銷售聽證會定於2024年6月4日舉行，該交易預計將於2024年6月6日完成。
The strategic accretive acquisition strengthens CommScope's Access Network Solutions leading market position, including enhancing its virtual CMTS and PON product offerings. The economics of the deal are supported by significant synergies. "As a leader in the cable industry, we are quite pleased by the opportunity to acquire Casa's cloud-native network solutions," stated Chuck Treadway, CEO, CommScope. He continued, "Adding Casa's technology to our portfolio will allow us to provide a seamless transition for our combined customer base that utilize both integrated and virtual CMTS products. This transaction provides stability to Casa's customers while allowing CommScope to further grow our customer base as we enable customers to migrate to Distributed Access Architecture solutions on their own timeline."
此次戰略增值收購鞏固了康普接入網絡解決方案的領先市場地位，包括增強其虛擬CMTS和PON產品供應。該交易的經濟性得到了顯著協同效應的支持。康普首席執行官查克·特雷德威表示：“作爲有線電視行業的領導者，我們對有機會收購Casa的雲原生網絡解決方案感到非常高興。”他繼續說：“將Casa的技術添加到我們的產品組合中將使我們能夠爲同時使用集成和虛擬CMTS產品的合併客戶群提供無縫過渡。該交易爲Casa的客戶提供了穩定性，同時使康普能夠進一步擴大我們的客戶群，因爲我們使客戶能夠按照自己的時間表遷移到分佈式接入架構解決方案。”
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CommScope and the CommScope logo are registered trademarks of CommScope and/or its affiliates in the U.S. and other countries. For additional trademark information see https://www.commscope.com/trademarks. All other product names, trademarks and registered trademarks are property of their respective owners.
康普和康普徽標是康普和/或其附屬公司在美國和其他國家的註冊商標。有關其他商標信息，請參閱 https://www.commscope.com/trademarks。 所有其他產品名稱、商標和註冊商標均爲其各自所有者的財產。
About CommScope:
CommScope (NASDAQ: COMM) is pushing the boundaries of technology to create the world's most advanced wired and wireless networks. Our global team of employees, innovators and technologists empower customers to anticipate what's next and invent what's possible. Discover more at www.commscope.com.
關於康普：
康普（納斯達克股票代碼：COMM）正在突破技術界限，以創建世界上最先進的有線和無線網絡。我們的全球員工、創新者和技術專家團隊使客戶能夠預測下一步的事情併發明可能性。在以下網址了解更多 www.commscope.com。
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News Media Contact:
Luke Hamer
Luke.Hamer@commscope.com
新聞媒體聯繫人：
盧克·哈默
Luke.Hamer@commscope.com
Financial Contact:
Massimo Disabato, CommScope
Massimo.Disabato@commscope.com
財務聯繫人：
Massimo Disabato，康普
Massimo.Disabato@commscope.com
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.
本新聞稿包括前瞻性陳述，這些陳述基於管理層目前可用的信息、管理層的信念以及有關未來事件的許多假設。前瞻性陳述不能保證業績，受許多不確定性和其他因素的影響，這可能導致實際結果與目前的預期存在重大差異。在提供前瞻性陳述時，公司無意也不承擔任何義務或義務因新信息、未來事件或其他原因更新這些陳述。
Source: CommScope
來源：康普
譯文內容由第三人軟體翻譯。