CommScope Completes Acquisition of Signal Vision, Inc.
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HICKORY, N.C., May 1: CommScope, Inc. (NYSE:CTV), a world leader in infrastructure solutions for communication networks, today announced it has completed the acquisition of Signal Vision, Inc. (SVI), a leading supplier of broadband RF (Radio Frequency) subscriber products. Signal Vision's product lines include passives, indoor amplifiers and addressable taps. Signal Vision had revenues of less than $30 million in 2006.
"We are pleased to add the Signal Vision product line to CommScope's Broadband portfolio," said Jim Hughes, Executive Vice President, Broadband Sales and Marketing. "Signal Vision has earned industry-wide respect for quality, service and technical leadership. We look forward to building upon this legacy and expanding the reach of their products through CommScope's worldwide channels."
Neil Phillips, President of Signal Vision, Inc., commented, "After a successful 31-year history, we believe that it is advantageous for SVI to join with a strategic partner to accelerate the growth of our business. CommScope represents the ideal fit for us given their global presence, similar core values and their reputation for quality and customer service within the broadband industry."
About CommScope
CommScope is a world leader in infrastructure solutions for communication networks. Through its SYSTIMAX® Solutions(TM) and Uniprise® Solutions brands, CommScope is the global leader in structured cabling systems for business enterprise applications. It is also the world's largest manufacturer of coaxial cable for Hybrid Fiber Coaxial applications. Backed by strong research and development, CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with high-performance wired or wireless cabling solutions.
Source: CommScope, Inc.
CONTACT: Phil Armstrong, Investor Relations & Corporate Communications CommScope, Inc., +1-828-323-4848
Web site: http://www.commscope.com/
