Belden acquires RUCKUS Networks for $1.85B; expects immediate EPS accretion

BELDEN INC.

Belden to acquire RUCKUS Networks from Vistance for ~$1.85B; expected to close in H2 2026 subject to regulatory approvals.
RUCKUS adds Wi-Fi and enterprise switching; deal immediately accretive to adjusted EPS, gross margins >60% and adj. EBITDA margins >20%.
Combined adj. EBITDA base ~$650M; Belden expects net leverage below 3.0x within first full year post-close.
Financing: $1.85B term loan B committed by JPMorgan; Belden to pause share repurchases until leverage reaches ~1.5x target.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BELDEN INC. entered into Purchase Agreement with Vistance Networks, Inc. valued at approximately $1.846 billion in cash (effective 2026-04-29).

Action: entry
Agreement: asset purchase
Counterparty: Vistance Networks, Inc.
Value: approximately $1.846 billion in cash
Effective: 2026-04-29

Exact text from the filing

On April 29, 2026, Belden Inc., a Delaware corporation (the “Company”), and Vistance Networks, Inc., a Delaware corporation (“Vistance”) entered into a Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company has agreed to purchase, and Vistance has agreed to sell, the RUCKUS reporting segment of Vistance (collectively, the “Business”) in exchange for approximately $1.846 billion in cash, on a cash-free, debt-free basis, subject to certain adjustments (the “Transaction”).

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Source: SEC EDGAR

accession 0000913142-26-000020

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