© andreypopov dreamstime.com Electronics Production | December 10, 2014
Belden to Acquire Tripwire
Belden Inc has signed a definitive agreement to acquire Tripwire for USD 710 million in cash.
Tripwire, a provider of advanced threat, security and compliance solutions, will bring an important element to Belden’s portfolio. Together, the companies will work to deliver the next generation of cybersecurity solutions that can be deployed across enterprise, industrial and broadcast markets. “As a leading supplier of signal transmission solutions for mission-critical networking applications, this acquisition is an important and natural extension of Belden’s capabilities,” said John Stroup, President and CEO of Belden. In September, Belden and Tripwire announced a joint initiative to improve critical infrastructure cybersecurity in manufacturing organizations. “We look forward to incorporating Tripwire technology into selected Belden products and providing Tripwire with access to existing Belden customers that are anxious to improve the robustness and security of their networks,” adds Stroup. “This positions Belden as a leader in helping customers deploy and secure the ‘Internet of Things.’”