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Vistance Networks (NASDAQ:VISN) stockholders approved five proxy proposals at the annual meeting on May 7, 2026. Shareholders re-elected eight directors for terms ending at the 2027 annual meeting, ratified Ernst & Young LLP as auditor for fiscal 2026, approved executive compensation on a non-binding basis, set annual advisory votes on pay, and approved additional shares under the 2019 Long-Term Incentive Plan.
Belden (NYSE: BDC) reported Q1 2026 results: revenues $696M (+11% y/y, +7% organic), GAAP EPS $1.30, and adjusted EPS $1.77 (+11% y/y). Adjusted EBITDA was $118M (17.0% margin). The company repurchased $30M of shares and announced a definitive agreement to acquire RUCKUS Networks for ~$1.85B. Q2 2026 standalone guidance: revenues $735–$750M, GAAP EPS $1.53–$1.63, adjusted EPS $1.95–$2.05.
Vistance Networks (NASDAQ: VISN) reported Q1 2026 results with net sales $471.8M (up 21.6% YoY) and GAAP income from continuing operations $231.7M ($1.02/share). Core non-GAAP adjusted EBITDA was $87.3M (18.5% of sales). The company completed a $1.846B sale agreement for RUCKUS and announced a $100M share repurchase authorization and a prior $10/share special distribution.
GAAP operating cash flow used was $(226.6)M and the company ended the quarter with $2.51B cash. Aurora revenue and adjusted EBITDA grew strongly.
Belden (NYSE: BDC) will acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion, creating a full‑stack IT/OT networking provider. RUCKUS serves ~48,000 customers with Wi‑Fi, enterprise switching and an AI cloud platform. Deal expected to close in H2 2026 and to be immediately accretive to adjusted EPS.
Belden expects RUCKUS to expand addressable market, raise adjusted gross and EBITDA margins, and drive net leverage below 3.0x within a year and ~1.5x by 2029.
Vistance Networks (NASDAQ: VISN) agreed to sell its RUCKUS Networks business to Belden (NYSE: BDC) for $1.846 billion in cash, with closing expected in the second half of 2026 subject to customary conditions and regulatory approvals.
The company expects net proceeds of ~ $1.7 billion after taxes and transaction expenses and plans to distribute a significant portion as a special distribution within 60 days after closing; exact amount and timing to be set by the Board. An 8:30 a.m. ET call will follow to discuss the transaction and Q1 2026 results.
Vistance Networks (NASDAQ: VISN) highlighted that RUCKUS Networks and Nokia announced early access to an integrated Wi-Fi 7 and Fiber Optical LAN solution managed end-to-end by the AI-driven RUCKUS One platform.
Active trials with Tier-1 providers in North America and Asia show operational benefits; Nokia’s Aurelis MF-2 claims up to 40% energy savings and 50% lower total cost of ownership. The partners will present the solution at the FTTH Conference, April 14-16, 2026.
Vistance Networks (NASDAQ: VISN) will release its first quarter 2026 financial results on Thursday, April 30, 2026 before the market opens. Management will host an 8:30 a.m. Eastern conference call the same day to discuss the results.
Live listen-only audio will be available via a link on the company’s Events and Presentations investor page, and a webcast replay will be archived for a limited time.
Vistance Networks (NASDAQ: VISN) announced a special cash distribution of $10.00 per share, payable April 27, 2026 to holders of record as of April 17, 2026. The payment will be funded with cash on hand, including proceeds from the January 9, 2026 sale of its Connectivity and Cable Solutions business to Amphenol Corporation. Management cited current debt market volatility and elected to use cash rather than add leverage to the remaining business.
Vistance Networks (NASDAQ: VISN) business Aurora Networks and HUBER+SUHNER are collaborating with Vodafone Germany to deploy a next-generation Remote PHY solution using Distributed Access Architecture (DAA) and virtual CMTS (vCCAP Evo™). The partnership targets multi-gigabit service enablement, improved scalability, and reduced headend energy and space needs.
Aurora supplies vCCAP Evo and QAM video solutions running on COTS servers for centralized provisioning and monitoring; HUBER+SUHNER provides Remote PHY devices with software interoperability. The companies say DAA migration is deployed in the live network and intended to support long-term expansion and lower operational costs.
Vistance Networks (NASDAQ: VISN) completed a next-generation Wi-Fi 7 deployment at BMO Stadium for LAFC, an early Major League Soccer installation designed for high-density fan connectivity. The network supports thousands of concurrent connections across 22,000 seats, uses RUCKUS T670/T670SN access points, and is managed by the RUCKUS AI™ platform.
RUCKUS Professional Services integrated the new Wi-Fi 7 infrastructure with the venue's existing systems to enable mobile ticketing, concessions, and immersive fan applications.