Technology
Belden Completes Acquisition of RUCKUS Networks
ST. LOUIS, July 01, 2026--Belden Inc. (NYSE: BDC) ("Belden" or the "Company"), a leading global supplier of specialty networking solutions, today announced that it has completed its acquisition of RUCKUS Networks ("RUCKUS"), a global provider of intelligent network solutions, from Vistance Networks (Nasdaq: VISN).
About this update from Belden Inc
Establishes Leading end-to-end IT/OT Networking Solution for Enterprise and Industrial Customers ST. LOUIS, July 01, 2026--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC) ("Belden" or the "Company"), a leading global supplier of specialty networking solutions, today announced that it has completed its acquisition of RUCKUS Networks ("RUCKUS"), a global provider of intelligent network solutions, from Vistance Networks (Nasdaq: VISN). RUCKUS' leading enterprise networking portfolio, including industry-leading Wi-Fi, enterprise switching capabilities and AI driven network management platforms, make Belden a preeminent provider of complete, end-to-end IT/OT networking solutions. The acquisition materially expands the combined organization's addressable market and capitalizes on a significant industrial opportunity while delivering compelling enhancements to Belden's financial profile. "We are pleased to officially welcome RUCKUS into the Belden family," said Ashish Chand, President and CEO of Belden. "This addition to our portfolio accelerates our transformation into a full-stack networking solutions provider that delivers broader, higher-value solutions for customers across enterprise and industrial environments. I look forward to working with the full team as we capitalize on the benefits of this acquisition to create long-term value for customers and stockholders alike." Advisors Lewis Rice is serving as lead legal advisor and Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to Belden. Forward-Looking Statements This release contains, and any statements made by us concerning the subject matter of this release may contain, forward-looking statements, including anticipated benefits from the RUCKUS acquisition, expected strengthening of Belden's product offering, future market, growth and synergy opportunities, and the level of RUCKUS expected growth and financial contributions, including adjusted earnings per share, adjusted gross margin, adjusted EBITDA and adjusted EBITDA margin, and our outlook for net leverage, the remainder of 2026 and beyond. Forward-looking statements also include any statements regarding future financial performance (including revenues, growth, expenses, earnings, margins, cash flows, dividends, capital expenditures and financial condition), plans and objectives, and related assumptions. In some cases th...