Vistance Networks to sell its unit to Belden for $1.85B (VISN:NASDAQ)

Vistance Networks to sell its unit to Belden for $1.85B (VISN:NASDAQ)

Vistance Networks sells RUCKUS to Belden for $1.846B, plans a special shareholder distribution and refocuses on Aurora.

Belden to acquire Ruckus Networks in $1.85bn deal

Belden has agreed to acquire Ruckus Networks from Vistance Networks for approximately $1.85 billion (€1.72 billion). The deal will see Belden expand into enterprise Wi-Fi and switching, positioning the company as a full-stack provider of end-to-end IT and operational technology networking solutions. Ruckus serves more than 48,000 customers globally and offers a portfolio spanning Wi-Fi, enterprise switching and AI-driven cloud networking platfor…

Belden acquires Ruckus Networks for $1.85bn

Belden, a supplier of speciality networking solutions, has entered into a definitive agreement to acquire Ruckus Networks, a provider of intelligent network solutions, from Vistance Networks for approximately $1.85 billion (€1.58bn). “The addition of Ruckus brings a leading provider of purpose-driven enterprise networks to Belden and accelerates our transformation into a full-stack networking solutions provider,” […]

Belden Bets $1.85 Billion on RUCKUS Networks to Become a Full-Stack IT/OT Powerhouse - Channelchek

Belden Inc. (NYSE: BDC) is making its biggest strategic push in years. The St. Louis-based specialty networking solutions provider announced Wednesday it has signed a definitive agreement to acquire RUCKUS Networks from Vistance Networks (Nasdaq: VISN) for approximately $1.85 billion in a debt-financed transaction that fundamentally reshapes what Belden is — and who it competes against. The deal adds capabilities Belden simply doesn’t have today…

Vistance Networks Stock Soars 22% on Q1 Beat, $1.85B RUCKUS Sale to Belden and $100M Buyback Plan

RICHARDSON, Texas — Vistance Networks Inc. shares surged more than 22% Thursday, climbing to $12.84 in morning trading after the networking technology company reported a strong first-quarter earnings beat and announced a transformative $1.846 billion all-cash sale of its RUCKUS Networks business to Belden Inc., accelerating its shift toward a focused, high-margin Aurora platform.

Belden to acquire RUCKUS Networks for $1.85bn - Total Telecom

Press Release Belden Inc. (NYSE: BDC) (“Belden” or the “Company”), a leading global supplier of specialty networking solutions, today announced it has entered into a definitive agreement to acquire RUCKUS Networks (“RUCKUS”), a global provider of intelligent network solutions, from Vistance Networks (Nasdaq: VISN) (“Vistance”) for approximately $1.85 billion. The acquisition establishes Belden as a leading provider of complete, end-to-end IT/OT …