NYSE:APHElectronic
Amphenol Expands Fiber Reach With CommScope Deal As AI Demand Builds
Amphenol (NYSE:APH) has agreed to acquire CommScope's Connectivity and Cable Solutions division, expanding its fiber optic interconnect offering.
The move broadens Amphenol's presence in connectivity for AI data centers and communications infrastructure.
The acquisition highlights management's focus on building out capabilities in high demand data and AI related applications.
For investors watching NYSE:APH, this deal comes with the stock recently trading at $147.06 and showing very large 3...