Amphenol(US:APH) Jing Ji Guan Cha Wang·2026-02-12 16:12Group 1 - The core point of the article is that Amphenol has completed its largest acquisition in history, acquiring CommScope's CCS business for $10.5 billion, which significantly enhances its capabilities in AI data center fiber interconnects and establishes a comprehensive "wireless + wired" communication layout [1] - The CEO, R. Adam Norwitt, emphasized that acquisitions are the core growth strategy for the company, with a highly fragmented market exceeding $250 billion providing ongoing opportunities for further acquisitions [2] - The initial financial and operational synergies from the acquisitions are beginning to manifest, with the acquisition of CommScope's CCS business filling gaps in Amphenol's capabilities in fiber and copper cabling, and the acquisition of Trexon strengthening its competitiveness in defense markets [3] Group 2 - The market will continue to monitor the integration effects of completed acquisitions, particularly CommScope's CCS, after its full consolidation in 2026, and its impact on the company's overall revenue and profitability [4] - There is also interest in whether the company will announce new acquisition deals in the future [4]