Belden (NYSE: BDC) announced it has entered into a definitive agreement to acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion, positioning the company as a provider of end-to-end IT/OT networking solutions. The company said the acquisition adds enterprise Wi-Fi, switching and AI-driven cloud networking capabilities, is expected to be immediately accretive and enhance margins, and supports expansion across enterprise and industrial markets while enabling rapid deleveraging.
To view the full press release, visit https://ibn.fm/heULj
About Belden
Belden Inc. delivers complete connection solutions that unlock untold possibilities for our customers, their customers and the world. We advance ideas and technologies that enable a safer, smarter and more prosperous future. Throughout our 120+ year history we have evolved as a company, but our purpose remains: making connections. By connecting people, information and ideas, we make it possible. We are headquartered in St. Louis and have manufacturing capabilities in North America, Europe, Asia and Africa.
For more information, visit us at https://www.belden.com/
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