Vistance Networks agrees to sell Ruckus business to Belden for $1.85 billion cash

Gyroscope Therapeutics Holdings plc

Gyroscope Therapeutics Holdings plc

VISN

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  • Vistance Networks agreed to sell its RUCKUS Networks business to Belden for USD 1.85 billion in cash, payable at closing.
  • Closing is expected in second half of 2026, subject to customary closing conditions.
  • Net proceeds are expected to be about USD 1.7 billion after taxes and transaction expenses.
  • Board plans to distribute a significant portion of excess cash to shareholders as a special distribution within 60 days following closing.
  • Vistance Networks expects transaction to sharpen focus on its Aurora Networks business.


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