Belden Inc. (NYSE: BDC) announced it has entered into a definitive agreement to acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion. The acquisition positions Belden as a provider of end-to-end IT/OT networking solutions, adding enterprise Wi-Fi, switching, and AI-driven cloud networking capabilities. The company stated the acquisition is expected to be immediately accretive and enhance margins, supporting expansion across enterprise and industrial markets while enabling rapid deleveraging.
RUCKUS Networks is known for its robust wireless and switching solutions, including AI-driven cloud management that simplifies network operations. By integrating RUCKUS's offerings, Belden aims to provide a comprehensive suite of connectivity solutions that span from the edge to the core. This move aligns with the growing demand for seamless, intelligent networking in both enterprise and industrial environments, where digital transformation and IoT adoption are accelerating.
Belden's CEO stated that the acquisition represents a significant step in the company's strategy to become a leader in secure, reliable networking. The combination of Belden's industrial connectivity expertise with RUCKUS's enterprise Wi-Fi and cloud networking is expected to create new opportunities for customers seeking integrated solutions. The transaction is subject to regulatory approvals and customary closing conditions, with completion anticipated in the first half of 2025.
The acquisition is also expected to contribute to Belden's financial performance, with immediate accretion to earnings per share and improved margins. The company plans to finance the purchase through a combination of cash and debt, with a focus on rapid deleveraging. For more details, the full press release is available at https://ibn.fm/IbcNS.
Belden, headquartered in St. Louis, has a history spanning over 120 years and delivers complete connection solutions. The company has manufacturing capabilities in North America, Europe, Asia, and Africa. More information about Belden can be found at https://www.belden.com/.
