CommScope to acquire Cable Exchange
CommScope, a global leader in infrastructure solutions for communications networks, has agreed to acquire Cable Exchange, a privately held, quick-turn supplier of fibre-optic and copper assemblies for data, voice and video communications.
Cable Exchange, headquartered in Santa Ana, California, manufactures a variety of fibre-optic and copper cables, trunks and related products used in high-capacity datacentres and other business enterprise applications. The company, founded in 1986, specialises in quick-turn delivery of its infrastructure products to customers from its two US manufacturing centres located in Santa Ana and Pineville, NC.
This highly complementary acquisition will deepen CommScope’s capabilities in supporting the growing market for high-capacity, multi-tenant datacentres and hyperscale datacentres operated by the world’s largest technology and retail companies. As more user-driven information and commerce flows through networks, operators are quickly deploying larger and more complex datacentres to support growth in traffic and transactions.
“We are pleased to further expand our capabilities in the datacentre market with Cable Exchange, a trusted and respected provider of critical network infrastructure with strong customer relationships,” said CommScope President and Chief Executive Officer Eddie Edwards, adding that: “Further, we believe the people, products and performance of Cable Exchange are a great match for CommScope. While the overall business environment remains challenging, we believe Cable Exchange’s leadership in the attractive quick-turn industry will complement our efforts in addressing this important market opportunity.”
The leadership team and employees of Cable Exchange will join CommScope upon completion of the transaction. Cable Exchange will operate as a stand-alone business within CommScope’s Connectivity Solutions segment.
“We are thrilled to partner with an industry leader like CommScope,” said Cable Exchange President Joey Hynes. “We look forward to building upon our teams’ capabilities to serve the growing datacentre market.”