Belden completes $350M cash divestiture of Tripwire cybersecurity business to HelpSystems

BELDEN INC.

Transaction closed on February 22, 2022 for $350 million in cash.
Buyer: HelpSystems, a cybersecurity and automation software company.
CEO cites strengthened balance sheet and increased financial flexibility for strategic growth.
Belden's remaining portfolio focuses on industrial automation, broadband & 5G, and smart buildings.

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