Belden Inc. (NYSE: BDC), a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, has entered into a definitive agreement to acquire privately held Thinklogical, a global provider of large scale video and data distribution systems, from Riverside Partners, a Boston-based private equity firm, for USD 160m, the company said.
The transaction will be financed with cash on hand and is expected to close in the second quarter 2017, subject to regulatory approvals and other closing conditions.
Belden Inc. delivers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise and broadcast markets.
With innovative solutions targeted at reliable and secure transmission of rapidly growing amounts of data, audio and video needed for today´s applications, Belden is at the center of the global transformation to a connected world. Founded in 1902, the company is headquartered in St. Louis and has manufacturing capabilities in North and South America, Europe and Asia.