Vistance Networks agrees to sell RUCKUS segment to Belden for $1.85 billion cash

• Belden agreed to buy Vistance Networks’ RUCKUS reporting segment for USD 1.85 billion cash on a cash-free, debt-free basis, subject to customary adjustments.
• Closing targeted for second half of 2026, timed to occur at month-end following satisfaction or waiver of conditions and at least 30 days after delivery of specified carveout financial statements.
• Completion conditions include required government clearances, completion of separation steps to carve out business, no material adverse effect on business, release of liens tied to existing credit facility.
• Agreement includes three-year non-compete and employee non-solicitation terms, with Belden offering continued employment with target cash compensation protected for 12 months post-close.
• Deal can be terminated if not completed within nine months, with a possible three-month extension tied to pending regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vistance Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-206475), on May 05, 2026, and is solely responsible for the information contained therein.