Tony Lefebvre of TE Connectivity discussed with RCR Wireless News the necessity of network densification and how DAS is making that possible.
Lefebvre also talks about industry trends that his company is noticing, as well as a preview of TE Connectivity’s upcoming partnership with Alcatel-Lucent on TE’s FlexWave system.
TE Connectivity has had strong results in recent quarters, as well as making multiple acquisitions to expand its offerings. The company focused on providing connectivity in harsh environments with its announcement in April that it will acquire Seacon Group, which provides underwater connector technology and systems, for $490 million in cash. Seacon Group serves verticals that do sub-sea work including remotely operated vehicles, such as oil and gas, environmental and oceanographic applications and the military marine sector.
In June, TE went on to acquire Measurement Specialties for $1.7 billion, with the aim of becoming “the leading provider of highly engineered connectivity and sensor solutions”. TE Connectivity is paying $1.7 billion, or $86 per share.
Measurement Specialties’ sensor technologies include pressure, vibration, force, temperature, humidity, ultrasonics, position and fluid, for a wide range of applications and industries. The company expects revenue of roughly $540 million this year. TE Connectivity is a $13 billion company.
Watch the interview with Lefebvre and more video coverage on our YouTube channel.
