Amphenol Corporation Announces Acquisition of Halo Technology and Closing of Sale of MTS Test & Simulation Business
Amphenol Corporation (APH)
Last amphenol corporation earnings: 4/22 08:00 am
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Source: Business Wire
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today announced that it has acquired Halo Technology Limited for approximately $715 million.Halo is headquartered in Tustin, California with operations in North America and Europe, and is a leading provider of active and passive fiber optic interconnect components for the communications infrastructure markets with expected 2021 sales of approximately $250 million.“We are excited to welcome the entire Halo Technology team to the Amphenol family,” said R. Adam Norwitt, Amphenol’s President and CEO. “Halo’s product offerings are very complementary to our existing high-speed and fiber optic interconnect solutions and represent a significant long-term growth opportunity for Amphenol. In particular, Halo’s high-technology products strengthen our offering to IT and data communications, mobile networks and broadband customers, all of whom are upgrading their systems and networks to manage increased data traffic. We look
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- Amphenol Co. (NYSE: APH) had its price target raised by analysts at Bank of America Co. from $117.00 to $121.00. They now have a "buy" rating on the stock.MarketBeat
APH
Earnings
- 1/24/24 - Beat
APH
Sec Filings
- 4/8/24 - Form ARS
- 4/8/24 - Form DEF
- 4/5/24 - Form 8-K
- APH's page on the SEC website