Electrical Business

News
Belden completes Trapeze acquisition


August 12, 2008
By Alyssa Dalton

Belden says it has completed its acquisition of Trapeze Networks (a player in wireless LAN equipment and network management software) for a cash price of about $133 million US.

“Mobility
is a requirement among our enterprise customers, and today’s wireless
technology provides the performance and security that make wireless an
indispensable component of the enterprise network,” said John Stroup,
Belden president and CEO. “We are eager to introduce Trapeze Networks’
technology to Belden’s enterprise customers.”




Trapeze
Networks, a privately held company based in Pleasanton, Calif., sells
its products into healthcare, education, manufacturing, retail,
government and other enterprise verticals through OEMs and distribution
channels.

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