$516M Acquisition Positions Belden for Growth Surge

View comments: newest first | oldest first | threaded
Bolaji Ojo
User Rank
Re: 1+1=3
Bolaji Ojo   12/12/2012 6:29:25 AM

Flyingscot, From what I was able to gather, the PPC acquisition gives Belden a play in the broadcast market, according to S&P's. The ratings agency believes the company is gaining a business that has higher operating margins and said the PPC deal "should aid profitability."

The one concern I had was on the financing of the acquisition. Apparently, Belden is paying for it with cash on hand of about $386 million, the $265 million proceeds from the sale of the Thermax and Raydex divisions and borrowings from a $200 million revolving loan facility.

User Rank
Supply Network Guru
FLYINGSCOT   12/11/2012 4:44:49 PM

I hope PPC brings some decent IP to the deal and that Belden is not simply buying PPC to add to its top line sales numbers.  Thy need to add technology they don't already own to compete in a tough market.

User Rank
Supply Network Guru
$516M Acquisition Positions Belden for Growth Surge
SP   12/11/2012 1:12:31 PM

Good news for the industry!

More Blogs from News of the Day
Only 20 percent of the manufacturing jobs lost in the United States since 2000 can be tied to outsourcing. The rest are due to productivity gains.
Biometric technology could ensure that a gun won't operate unless it is in the owner's hands.
Most security concerns focus on the theft of information and hacking. But cargo security is equally as important to the supply chain.
LG has leapfrogged rival Samsung in the large-size OLED display market by releasing a 55-inch OLED TV.
Nothing has exactly signaled a yearend run on semiconductor inventory, but the industry could expect a more balanced picture than the one IHS offers.
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.