India, April 30 -- Belden Inc. (BDC), a supplier of specialty networking solutions, Thursday announced that it has agreed to acquire RUCKUS Networks, a provider of intelligent network solutions from Vistance Networks for about $1.85 billion.
RUCKUS is a provider of enterprise networking solutions serving more than 48,000 customers globally and offers a portfolio of Wi-Fi, enterprise switching and AI-driven cloud networking platform that enables organizations to optimize performance, simplify operations and securely connect users and devices.
As per Belden, this acquisition establishes it as a leading provider of complete, end-to-end IT/OT networking solutions.
Belden has obtained a fully committed debt financing from J.P. Morgan to optim...