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Belden Incorporated

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(Redirected fromBelden (electronics company))
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American technology company
Not to be confused withBelkin.

Belden Inc.
Company typePublic
IndustryElectronics
Founded1902; 123 years ago (1902)
FounderJoseph Belden
Headquarters,
US
ProductsCoaxial, power, and signal cables,Connectors
Revenue$2.606 billion(2022)
$254.7 million(2022)
Total assets$3.162 billion(2022)
Total equity$1.144 billion(2022)
Number of employees
7,700(2023)
Websitewww.belden.comEdit this at Wikidata

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products.[1] The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

Structure

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Belden is headquartered inSt. Louis, Missouri. Its president and CEO is Dr. Ashish Chand.

Belden operates in three regions:

PPC Belden

[edit]

PPC, a division of Belden, holds a number of patents for connector technology and has pioneered advancements for various industries.[2] PPC Belden's innovations include the Universal Compression Connector,[3] the wireless compression connector for thewireless industry[4] and a lockingHDMI connector.[5] It was purchased by Belden in 2012.[6] PPC Belden has its headquarters inEast Syracuse, New York.[7]

History

[edit]

Belden was founded in Chicago in 1902.[8] It was acquired byCrouse-Hinds Company in 1980; Crouse-Hinds was acquired byCooper Industries in 1981 and spun off Belden as an independent company in 1993. In 2004 the company merged with Cable Design Technologies forming Belden CDT Inc. (now Belden Inc.) and since then the company has been headquartered in St. Louis. In 2005 John Stroup became CEO.

In April 2023, Belden dontated $100,000 to the Richmond Fire Department in Indiana. The goal was to improve and replace equipment for the firefighters and their safety.[9]

Acquisitions

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In early 1997, Belden purchased Alpha Wire. Alpha Wire provides an extensive selection of cable, wire, heat-shrink tubing, accessories, and wire management services to customers worldwide in the Industrial Automation, Medical, Semiconductor, Aerospace & Defense, Consumer Electronics, and Energy markets.[10]

Belden expanded in the 21st century through a number of corporate acquisitions:

In early 2007, Belden purchased Hirschmann Automation and Control, an industrial marketing company focused onindustrial automation and networking systems, for $260 million.[11]

In the summer of 2007, Belden acquired Lumberg Automation, which manufactures connectors used in industrial automation, for an undisclosed price.[12]

In June 2008, Belden purchased wirelessLAN vendor Trapeze for $113 million.[13]

In December 2009, Belden purchased Telecast Fiber Systems, a manufacturer of fiber-optic systems for television broadcast production, for an undisclosed price.[14]

In late 2010, Belden acquired GarrettCom, an industrial networking products manufacturer, for $52 million.[15]

In late 2010, Belden purchasedThomas & Betts Corporation, a coax connectivity and communications products company, $78 million.[16]

In November 2010, Belden purchased the communications products business of broadcast connector manufacturerThomas & Betts ofMemphis, Tennessee for $78 million.

In December 2010, Belden divested its wireless business toJuniper Networks.[17]

In April 2011, Belden expanded its presence in South America with the acquisition of Poliron, a Brazilian cable company for $30 million.[18]

In September 2011, Belden acquired a company called "SCADA", a security solutions[buzzword] provider, and Byres Security, makers of theTofino brand industrial security solutions[buzzword], for $7 million.[19]

In June 2012, Belden acquired Miranda Technologies, a global provider of hardware and software solutions[buzzword] for the broadcast television, cable, satellite and IPTV industries, for $377 million.[20]

PPC logo

In December 2012, Belden purchasedPPC, a developer and manufacturer of connectivity solutions[buzzword] for the broadband service provider market, for $515.7 million.[6]

In early 2014, Belden acquiredGrass Valley, a manufacturer of end-to-end broadcast solutions[buzzword], for $220 million.[21]

In December 2014, Belden said it would buyTripwire for $710 million. The deal, which closed in the first quarter of 2015 ,[22] allowed the companies to delivercybersecurity solutions[buzzword] across industrial and broadcast markets.[23][24]

In early 2021, Belden acquired OTN Systems, a Belgium based manufacturer of critical telecommunication equipment, for $71 million.[25]

In August 2023, Belden acquired CloudRail, a company based in Mannheim, Germany, specialized in connectivity solutions for theIndustrial Internet of Things.[26]

References

[edit]
  1. ^"Belden Inc, BDC:NYQ summary - FT.com".markets.ft.com. RetrievedJuly 28, 2023.
  2. ^United States Patent & Trademark Office
  3. ^Universal Compression Connector Product SpecificationsArchived June 28, 2009, at theWayback Machine
  4. ^PPC Wireless Industry ProductsArchived April 21, 2009, at theWayback Machine
  5. ^PPC Locking HDMI CableArchived June 22, 2009, at theWayback Machine
  6. ^ab"Belden buys privately held PPC for $515.7 million".Reuters. December 11, 2012. RetrievedNovember 6, 2023.
  7. ^"Relentless Consumer Appetite for Capacity, Speed, and Quality". PPC Belden. RetrievedFebruary 22, 2018.
  8. ^"Company Overview of Belden Inc".Bloomberg. RetrievedFebruary 22, 2018.
  9. ^"Richmond Fire Department receives $100,000 donation from Belden Inc".Palladium-Item. RetrievedJuly 28, 2023.
  10. ^"Our Brands". Belden. RetrievedNovember 6, 2023.
  11. ^"Belden to Acquire Hirschmann".AutomationWorld. Archived fromthe original on September 23, 2015. RetrievedNovember 6, 2023.
  12. ^"Belden Acquires Lumberg Assets".Radio World. May 15, 2007. Archived fromthe original on April 15, 2015. RetrievedNovember 6, 2023.
  13. ^"Network World" articleArchived December 29, 2010, at theWayback Machine
  14. ^"Belden acquires Telecast Fiber Systems".Cabling Installation & Maintenance. December 23, 2009. RetrievedNovember 6, 2023.
  15. ^"Belden to buy GarrettCom for $52M".BizJournals.com. RetrievedNovember 6, 2023.
  16. ^Belden to acquire Thomas & Betts unit for $78M. (November 11, 2010)"Belden to acquire Thomas & Betts unit for $78M - BusinessWeek". Archived fromthe original on April 15, 2015. RetrievedApril 14, 2015.
  17. ^"Get the latest from Juniper | Juniper Networks US".Juniper.net. RetrievedNovember 6, 2023.
  18. ^"Belden acquires Poliron for $30M".BizJournals.com. RetrievedNovember 6, 2023.
  19. ^"Belden/Hirschmann Buys Byres Security/Tofino".DigitalBond.com. September 1, 2011.
  20. ^"Belden to buy Canada's Miranda Tech for C$377 million".Reuters. June 5, 2012. RetrievedNovember 6, 2023.
  21. ^Winslowpublished, George (February 6, 2014)."Belden To Acquire Grass Valley".Multichannel News. RetrievedNovember 6, 2023.
  22. ^"Belden completes $710 million Tripwire acquisition".St. Louis Post-Dispatch. January 5, 2015.
  23. ^"Belden to buy cybersecurity firm Tripwire for $710 million".Reuters. December 10, 2014.
  24. ^"Belden buys Tripwire for $710m: Will keep network burglars out of Internet of Things".The Register. December 10, 2014.
  25. ^"Listed Belden Inc. Acquires OTN Systems, provider of telecommunication solutions for industrial markets · OTN Systems".
  26. ^"Belden Acquires CloudRail specialized in IIoT solutions". September 7, 2023.

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