BeldenOTN Systems complements network division
Belden has now reached an agreement with OTN Systems to acquire the company. Belden is paying USD 71 million for the company and the transaction is expected to be completed in the first quarter of the year.
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<p>Roel Vestjens, President and CEO of Belden: "This is a very promising acquisition for Belden, offering additional opportunities for profitable growth in our Industrial Solutions business."</p> © Belden