Vistance Networks to sell RUCKUS to Belden for $1.846B

Vistance Networks (VISN) (VISN( entered into a definitive agreement to sell its RUCKUS Networks business to Belden (BDC) for $1.846B in cash, to be paid by Belden at closing. The sale is expected to close in the second half of 2026, subject to customary closing conditions, including receipt of applicable regulatory approvals. The Company expects net proceeds after taxes and transaction expenses to be approximately $1.7B. The Company expects to distribute a significant portion of the excess cash to shareholders as a special distribution within 60 days following the closing of the proposed transaction. The exact amount and timing of the distribution will be determined by the Board after closing and taking into account all relevant factors.