Vantiva finalizes the acquisition of CommScope’s “Home Networks” in a combination that consolidates Vantiva’s position as a world leader in the connected home market.
“This acquisition is a key milestone in the group’s development. It builds on everything we have achieved over the past year,” says Luis Martinez-Amago, Chief Executive Officer of Vantiva. “I would like to thank all our employees for their commitment and dedication, and I welcome our new colleagues from CommScope, whom we look forward to working with. The integration of the Home Networks division will also benefit our customers by speeding up our innovations, increasing our supply and service capacity, and enabling us to serve new geographies.”
Vantiva is also pleased to announce the appointments of CommScope Holding Company, Inc. and Angelo, Gordon & Co. L.P. as directors on our company’s Board of Directors.
Read the full press release here