Belden to acquire Trapeze Networks
Belden recently announced plans to acquire Trapeze Networks, a provider of wireless local area networking (WLAN) equipment, for US$133 million in cash. The acquisition is intended to build on Belden's position as a complete signal transmission solutions provider.
Wireless extends the reach of Belden's physical-layer cable and connectivity products and enables it to address the growing mobility needs of many markets.
Trapeze Networks is a privately held California-based company, with revenues of US$56 million. Its products are sold into healthcare, education, manufacturing, retail, government and other enterprise verticals. The Trapeze product portfolio is an end-to-end WLAN system built on a scalable and secure wireless operating system running on Trapeze Networks access points and controllers.
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