Extracted from this filing and checked against the source text.
Material AgreementsSEC 8-K Item 1.01/1.02confidence 0.99
Vistance Networks, Inc. entered into Purchase Agreement with Belden Inc. valued at 1.846 billion (effective 2026-04-29).
Action
entry
Agreement
asset purchase
Counterparty
Belden Inc.
Value
1.846 billion
Effective
2026-04-29
Exact text from the filing
On April 29, 2026, Vistance Networks, Inc., a Delaware corporation (the “Company”) and Belden Inc., a Delaware corporation (“Belden”), entered into a Purchase Agreement (the “Purchase Agreement”), pursuant to which Belden has agreed to purchase, and the Company has agreed to sell, the Company’s RUCKUS reporting segment (the “Business”) in exchange for $1.846 billion in cash, on a cash-free, debt-free basis (subject to certain other customary adjustments) (the “Transaction”).
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