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Vistance Networks Completes Divestiture of RUCKUS Networks Business to Belden Corporation

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Vistance Networks Completes Divestiture of RUCKUS Networks Business to Belden Corporation

Vistance Networks (VISN) announced the closing of its sale of the RUCKUS Networks business to Belden (BDC). The transaction completion is a positive portfolio-cleanup/strategic focus step, but no financial terms or guidance impacts were provided in the release.

Analysis

Vistance Networks (VISN) announced the closing of its sale of the RUCKUS Networks business to Belden (BDC). The transaction completion is a positive portfolio-cleanup/strategic focus step, but no financial terms or guidance impacts were provided in the release.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

Ticker Sentiment

BDC

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