Belden Incorporated should not be confused with Belkin.
| Belden Incorporated | |
| Type: | Public |
| Traded As: | S&P 400 Component |
| Foundation: | 1902 |
| Founder: | Joseph Belden |
| Location City: | St. Louis, Missouri |
| Location Country: | United States |
| Industry: | Electronics |
| Products: | Coaxial, power, and signal cables, Connectors |
| Revenue: | $2.606 billion (2022) |
| Net Income: | $254.7 million (2022) |
| Assets: | $3.162 billion (2022) |
| Equity: | $1.144 billion (2022) |
| Num Employees: | 7,700 (2023) |
Belden is a global, 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.
Belden is headquartered in St. Louis, Missouri. Its president and CEO is Dr. Ashish Chand.
Belden operates in three regions:
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 the wireless industry[4] and a locking HDMI connector.[5] It was purchased by Belden in 2012. PPC Belden has its headquarters in East Syracuse, New York.[6]
Belden was founded in Chicago in 1902.[7] It was acquired by Crouse-Hinds Company in 1980; Crouse-Hinds was acquired by Cooper 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.[8]
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.[9]
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 on industrial automation and networking systems, for $260 million.[10]
In the summer of 2007, Belden acquired Lumberg Automation, which manufactures connectors used in industrial automation, for an undisclosed price.[11]
In June 2008, Belden purchased wireless LAN vendor Trapeze for $113 million.[12]
In December 2009, Belden purchased Telecast Fiber Systems, a manufacturer of fiber-optic systems for television broadcast production, for an undisclosed price.[13]
In late 2010, Belden acquired GarrettCom, an industrial networking products manufacturer, for $52 million.[14]
In late 2010, Belden purchased Thomas & Betts Corporation, a coax connectivity and communications products company, $78 million.[15]
In November 2010, Belden purchased the communications products business of broadcast connector manufacturer Thomas & Betts of Memphis, Tennessee for $78 million.
In December 2010, Belden divested its wireless business to Juniper Networks.[16]
In April 2011, Belden expanded its presence in South America with the acquisition of Poliron, a Brazilian cable company for $30 million.[17]
In September 2011, Belden acquired SCADA, a security solutions provider, and Byres Security, makers of the Tofino brand industrial security solutions, for $7 million.[18]
In June 2012, Belden acquired Miranda Technologies, a global provider of hardware and software solutions for the broadcast television, cable, satellite and IPTV industries, for $377 million.[19]
In December 2012, Belden purchased PPC, a developer and manufacturer of connectivity solutions for the broadband service provider market, for $515.7 million.[20]
In early 2014, Belden acquired Grass Valley, a manufacturer of end-to-end broadcast solutions, for $220 million.[21]
In December 2014, Belden said it would buy Tripwire for $710 million. The deal, which closed in the first quarter of 2015 ,[22] allowed the companies to deliver cybersecurity solutions 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 the Industrial Internet of Things.[26]