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According to CommScope, the company has become a well-respected global competitor in the wireless network antenna market since its founding in 1994 by Dr Bevan Jones, John Bonello and Danny Schwotzer. Bonello, managing director, and Jones, group technology director, are expected to continue in active roles with the business following completion of the acquisition.
"Argus is widely recognised as a market leader in delivering innovative antenna solutions for the global mobile telecommunications market," CommScope said. "[It] supports a growing customer base through offices in Hong Kong, Beijing, Shanghai, Guangzhou, the UK and the USA [and] is committed to developing cutting-edge technology by working closely with numerous service providers and original equipment manufacturers to develop and supply network enhancing antenna solutions."
CommScope said the acquisition would enable it to broaden its antenna solutions portfolio, deepen its research and development capabilities, strengthen its global market presence and accelerate its growth in the wireless market.
Paul Bell, senior vice president and general manager, Base Station Antennas and Microwave Products, at CommScope said: "Argus will be a strong fit for us as we continue to support wireless operators globally in their evolution to new technologies and their drive to meet the ever-increasing bandwidth needs of consumers and businesses."
CommScope was a New York Stock Exchange listed company until January 2011 when it was acquired by global investment company, Carlyle Group for $US3.9b.
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