
DivestmentMay 5, 2026, 04:23 PM
Vistance Networks to Sell RUCKUS Segment to Belden for $1.846B
AI Summary
Vistance Networks, Inc. has entered into a Purchase Agreement with Belden Inc. to sell its RUCKUS reporting segment for $1.846 billion in cash. The transaction, expected to close in the second half of 2026, is subject to customary closing conditions, including regulatory approvals. Belden has committed to providing continued employment and comparable compensation and benefits for the RUCKUS employees for 12 months post-closing.
Key Highlights
- Vistance Networks to sell its RUCKUS reporting segment to Belden Inc.
- Belden Inc. will purchase the segment for $1.846 billion in cash.
- The transaction is expected to close in the second half of 2026.
- Closing is subject to conditions including Hart-Scott-Rodino Antitrust Improvements Act expiration.
- Belden will provide continued employment and comparable benefits for RUCKUS employees for 12 months.
- Vistance Networks agrees to a three-year non-compete clause for the divested business.
Price Impact
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