Belden to acquire GarrettCom and Thomas & Betts Communications Products

摘要

Signal transmission solutions providor Belden reached an agreement to acquire GarrettCom, a leader in high-availability industrial networking IP-based switches and routers for 52 million US dollars and the Thomas & Betts Communications Products Business for 78 million US dollars. Both will be funded from cash-on-hand subject to the satisfaction of customary closing conditions.