Belden Incorporated

Belden Inc.
TypePublic
IndustryElectronics
Founded1902 (1902) in Chicago, Illinois, US
FounderJoseph C. Belden
Headquarters
St. Louis, Missouri
,
US
Key people
ProductsNetworking, connectivity, cable, and security products
RevenueIncrease US$2.461 billion (2024)
Decrease US$266.5 million (2024)
Decrease US$198.4 million (2024)
Total assetsUS$3.328 billion (2024)
Total equityUS$1.295 billion (2024)
Number of employees
~7,500 (2024)
Websitewww.belden.com Edit this at Wikidata

Belden Inc. is an American multinational company that designs, manufactures, and distributes networking, connectivity, cable, and security products.[1] Headquartered in St. Louis, Missouri, the company is publicly traded on the New York Stock Exchange under the ticker symbol BDC and is a component of the S&P 400.[1] Belden serves industrial automation, enterprise, smart-building, and broadband markets.[2]

History

Founding and early years

Belden was founded in Chicago, Illinois, in 1902 by Joseph C. Belden as the Belden Manufacturing Company.[3][4] A former purchasing agent for the Kellogg Switchboard & Supply Company, Belden started the company to produce the high-quality silk-wrapped magnet wire used in telephone switchboard coils.[3] In 1910 the company introduced an enamel wire insulation marketed as "Beldenamel," which became an industry standard.[3] Over the following decades Belden expanded into electrical wiring, cable, and signal-transmission products used in radio broadcasting, television, industrial automation, and computer networking.[4]

Cooper Industries and 1993 spin-off

In 1980 Belden was acquired by the Crouse-Hinds Company, which was itself acquired by Cooper Industries in 1981, making Belden a division of Cooper Industries.[3][4] In 1993 Belden was spun off as an independent, publicly traded company listed on the New York Stock Exchange, with corporate headquarters in St. Louis, Missouri.[3][4]

Merger with Cable Design Technologies

In 2004 Belden merged with the Cable Design Technologies Corporation (CDT) to form Belden CDT Inc., which later resumed the name Belden Inc.[5] In 2005, John Stroup was appointed president and chief executive officer.[4] Under Stroup, Belden pursued a series of acquisitions in industrial networking, broadband, cybersecurity, and connectivity, expanding beyond its traditional wire-and-cable business.[4]

Acquisitions during this period included Hirschmann and Lumberg Automation (2007), Telecast Fiber Systems (2009), GarrettCom (2010), Byres Security and Poliron (2011), Miranda Technologies and PPC (2012), and OTN Systems (2021).[4]

Recent developments

In February 2023, Belden appointed Ashish Chand as president and chief executive officer.[6] In April 2023, as part of a community program, Belden donated $100,000 to the Richmond Fire Department in Richmond, Indiana, to fund firefighting equipment upgrades.[7]

For the 2024 fiscal year, Belden reported revenues of approximately $2.46 billion and net income of $198.4 million.[2] The company reported record revenues of about $2.72 billion for the 2025 fiscal year.[8]

On July 1, 2026, Belden completed its acquisition of RUCKUS Networks from Vistance Networks in a cash transaction valued at approximately $1.87 billion, net of cash acquired.[9] The deal, funded in part by a $1.85 billion senior secured term loan, added enterprise Wi-Fi, Ethernet switching, and AI-driven network-management platforms to Belden's portfolio, which the company said strengthened its position as a provider of end-to-end information technology (IT) and operational technology (OT) networking solutions.[9]

References

  1. 1 2 "Belden Inc, BDC:NYQ summary - FT.com". markets.ft.com. Retrieved July 2, 2026.
  2. 1 2 "Belden Reports Fourth Quarter and Full Year 2024 Results". investor.belden.com. February 6, 2025. Retrieved July 2, 2026.
  3. 1 2 3 4 5 "History of Belden Inc". FundingUniverse. Retrieved July 2, 2026.
  4. 1 2 3 4 5 6 7 "Belden Inc". Encyclopedia.com. Retrieved July 2, 2026.
  5. ↑ "Belden CDT Inc". Encyclopedia.com. Retrieved July 2, 2026.
  6. ↑ "Belden Announces Appointment of Ashish Chand as President and CEO". investor.belden.com. Retrieved July 2, 2026.
  7. ↑ "Belden Inc. donates $100,000 to Richmond Fire Department for vital equipment upgrades". City of Richmond, Indiana. April 28, 2023. Retrieved July 2, 2026.
  8. ↑ "Belden Reports Record Fourth Quarter and Full Year 2025 Results". investor.belden.com. Retrieved July 2, 2026.
  9. 1 2 "Belden Completes Acquisition of RUCKUS Networks". Business Wire. July 1, 2026. Retrieved July 2, 2026.
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