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Belden buying Trapeze Networks

Tim Higgins

June 06, 2008

Belden has entered into a definitive agreement to acquire Trapeze Networks, a leading provider of wireless local area networking equipment and management software, for $133 million in cash.

The acquisition will make Belden the world's largest unified wired and wireless solutions provider and will provide expanded market access for Trapeze Networks' Smart Mobile solutions.

Trapeze is a privately held company based in Pleasanton, California, with 2007 revenues of $56 million. It sells its products into healthcare, education, manufacturing, retail, government and other enterprise verticals through OEMs and distribution channels.

Tags: Belden, Trapeze Networks, WiFi,

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