(Reuters) -Amphenol will buy cable assembly firm Trexon for about $1 billion in cash, the electronic equipment maker said on Monday, as it aims to tap into rising defense spending and expand its military-focused product portfolio.

Trexon specializes in connectivity products, including wire, cable and connectors, designed for industries ranging from military and defense to medical and quantum computing.

“Trexon’s unique portfolio of high-reliability cable assembly products will be highly complementary to our existing offerings in the defense market,” said Amphenol CEO Adam Norwitt.

The proposed buyout comes just weeks after Amphenol — which makes cables, sensors and antennas — agreed to acquire CommScope’s connectivity and cable solutions unit in a $10.5 billion deal, as it looks to capi

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