Belden Inc. Acquires Precision Optical Technologies, Inc.

April 30, 2024

Belden Inc. has acquired Precision Optical Technologies, Inc. in a transaction announced at approximately $290 million in cash. The deal adds a portfolio of value‑added optical transceivers and fiber products to Belden's Enterprise Solutions segment to broaden its PON and fiber offerings for telcos, MSOs, data centers and enterprise customers; the acquisition was expected to close by end of Q2 2024 and has been completed.

Buyers
Belden Inc.
Targets
Precision Optical Technologies, Inc.
Location
New York, United States
Transaction Type
Buyout

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