Vistance Networks closes sale of Ruckus Networks business to Belden

Gyroscope Therapeutics Holdings plc

Gyroscope Therapeutics Holdings plc

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  • Vistance Networks closed the sale of its RUCKUS Networks business to Belden.
  • Net proceeds expected at about USD 1.75 billion, excluding taxes, fees, and transaction expenses.
  • Board plans a shareholder dividend within 60 days, with size and timing to be set later.
  • Deal shifts focus to expanding the Aurora Networks business, supported by cash on hand and an unlevered balance sheet.


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 Business Wire (Ref. ID: 202607010841BIZWIRE_USPR_____20260701_BW365599) on July 01, 2026, and is solely responsible for the information contained therein.