Fortinet, a global leader in cybersecurity and networking, announced in early May its acquisition of Everest Networks, a company once hailed as a pioneer in hyper-directional Wi-Fi antennas for large venues. The move signals Fortinet’s ambitions to expand beyond its core security business and make a play for the high-density wireless market in stadiums and […]
CommScope’s $2.1 B asset sale: A strategic lifeline or the beginning of the end?
In July of 2024, CommScope announced the $2.1 billion sale of its Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business to Amphenol. The sale represented a $550 million write down of its 2007 acquisition of the Andrew Corporation. On Feb. 3, Amphenol confirmed that the transaction closed with Amphenol announcing that the […]
