CommScope Holding Co. Inc. (Nasdaq: COMM) is buying mobile broadband technology group Arivana LP.
Arivana, headquartered in Chelmsford, Massachusetts, makes products that allow people to access 4G LTE and 3G networks in offices, public venues and homes. Terms of the deal were not disclosed.
The deal should expand CommScope’s capabilities for indoor wireless coverage. The Hickory, North Carolina-based buyer helps companies design, build and manage wired and wireless networks. Back in January, CommScope made a deal to buy TE Connectivity Ltd. for $3 billion to grow in the broadband market.
Robinson Bradshaw & Hinson PA is CommScope’s legal adviser for the deal. Pacific Crest Securities is Arivana’s financial adviser, and Sidley Austin LLP is legal counsel.
Similar deals have come from Qualcomm Inc. (Nasdaq: QCOM), which agreed to buy Ikanos Communications Inc. (Nasdaq: IKAN) for $47 million; and Nokia Networks, which picked up Eden Rock Communications LLC.