M&A Deal Summary

Belden Acquires Precision Optical Technologies

On July 1, 2024, Belden acquired technology hardware company Precision Optical Technologies for 290M USD

Acquisition Highlights
  • This is Belden’s 4th transaction in the Technology Hardware sector.
  • This is Belden’s 4th largest (disclosed) transaction.
  • This is Belden’s 8th transaction in the United States.
  • This is Belden’s 2nd transaction in New York.

M&A Deal Summary
Date 2024-07-01
Target Precision Optical Technologies
Sector Technology Hardware
Buyer(s) Belden
Deal Type Add-on Acquisition
Deal Value 290M USD

Target

Precision Optical Technologies

Rochester, New York, United States
Precision Optical Technologies is a systems integration company focused on end-to-end optical networking solutions, network design services and cutting-edge product development advancements. Precision Optical Technologies was formed in 2012 and is based in Rochester, New York.

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Buyer(S) 1

Buyer

Belden

St. Louis, Missouri, United States
Category Company
Founded 1902
Sector Technology Hardware
Employees8,000
Revenue 2.5B USD (2023)
DESCRIPTION

Belden designs, manufactures, and markets cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. Belden was incorporated in 1902 and is headquartered in St. Louis, Missouri.

DEAL STATS #
Overall 17 of 17
Sector (Technology Hardware) 4 of 4
Type (Add-on Acquisition) 14 of 14
State (New York) 2 of 2
Country (United States) 8 of 8
Year (2024) 1 of 1
Size (of disclosed) 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-03 Sichert

Berlin, Germany

Sichert is a supplier and specialist for cable splitters (KVz), multifunctional housings (MFG), pop systems, fiber optic network distributors, and building materials. With 5G small cells, WiFi hotspots, and LoRaWAN base stations, the company is laying the foundation for smart street furniture and the design of the cities of tomorrow today. Sichert is based in Berlin, Germany.

Buy $98M
Mergr

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