VISN · CommScope Holding Company, Inc.

Vistance Networks, Inc. completed the previously announced sale of its RUCKUS Networks business to Belden, Inc. on July 1, 2026, for $1.846 billion in cash. The RUCKUS segment provides wireless networking solutions including Wi-Fi, LTE, switching, IoT, and cloud management software. This divestiture represents a strategic shift, and Vistance will report it as discontinued operations. The company filed unaudited pro forma condensed consolidated financial statements reflecting the disposition, with adjustments for discontinued operations, cash proceeds net of fees ($1.830 billion), estimated transaction costs, taxes, and a transition services agreement. The pro forma balance sheet shows a significant increase in cash ($4.148 billion) and retained earnings ($3.406 billion) compared to historical figures. Vistance plans to distribute a substantial portion of net proceeds to shareholders via a special distribution within 60 days of closing, though the exact amount remains under board consideration. The sale eliminates a key segment, and the pro forma statements are illustrative, not indicative of future results. Investors should note the company's new capital structure and potential shareholder returns.