A Hickory-based, publicly traded company that makes telecommunications cable has agreed to be taken private in a $3.9 billion buyout.

CommScope announced this morning that it agreed to be acquired by the Carlyle Group of Washington for $31.50 a share. That's about 36 percent more than the stock's closing price on Friday.

CommScope officials confirmed Monday that they were in talks with Carlyle, sending the shares surging.

A Hickory, N.C.-based company that makes telecommunications equipment is in talks to be bought by a private equity firm for about $3 billion.

CommScope this morning confirmed that officials are in discussions with Washington-based Carlyle Group to sell the publicly traded company for $31.50 per share in cash.

CommScope has hired investment bank Allen & Co. as a financial adviser, but said it wouldn't comment further on a possible deal.

The company's shares closed Friday at $23.12, and were down more than 19 percent in the past year. On Monday, the shares jumped $7.04 to $30.16.