Belden Completes $1.8 Billion Purchase of Vistance’s Ruckus Unit
The all-cash asset sale lets Vistance sharpen focus on its Aurora Networks business and return proceeds to shareholders.
**Belden Inc. completed its acquisition of the RUCKUS Networks business from Vistance Networks (VISN) for $1.846 billion in cash**, the companies announced July 8.
The transaction closed July 1 as an asset purchase, transferring the enterprise and service-provider wireless-networks unit to Belden. Vistance said it expects net proceeds after taxes and transaction expenses of approximately $1.7 billion and plans to distribute a “significant portion” of the excess cash to shareholders as a special dividend within 60 days of closing.
The divestiture marks the second major portfolio move for Vistance in 2026. In January the company sold its Connectivity and Cable Solutions segment to Amphenol Corp. for $10 billion in net proceeds, which it used to retire all outstanding debt and redeem its Series A Convertible Preferred Stock before returning $10 a share to shareholders in April.
“This transaction unlocks additional equity value and allows us to return cash to our shareholders, while providing a strategic, complementary fit for our RUCKUS business,” said Chuck Treadway, CEO of Vistance Networks. “It will allow us to focus on the Aurora Networks business. Our financial flexibility creates continued opportunity to further invest, both organically and inorganically, in developing next-generation technology for our customers.”
RUCKUS Networks supplies wireless-local-area-network equipment and cloud-managed Wi-Fi platforms to enterprises, hospitality chains, and service providers. In the first quarter of 2026 the unit generated $173.4 million in net sales, up 13.7 % year-over-year, and delivered $37.0 million in segment adjusted EBITDA, or 21.3 % of sales.
The sale follows a string of large-scale portfolio reshuffles in the networking-hardware sector. In April 2026 Cisco Systems agreed to acquire Splunk for $28 billion in cash, and in February 2026 Hewlett Packard Enterprise completed its $14 billion purchase of Juniper Networks. Analysts said the RUCKUS deal signals continued consolidation among mid-tier infrastructure suppliers as vendors seek scale and margin leverage.
Vistance said it will use the remaining proceeds to fund organic growth and accretive acquisitions in the Aurora business, which posted first-quarter revenue of $298.4 million and adjusted EBITDA of $50.3 million, up 33 % and 32 %, respectively, from the prior year. The company guided Aurora standalone adjusted EBITDA for 2026 in the range of $225 million to $250 million.