About Belden

Belden Inc. (Belden) operates as a global supplier of network infrastructure and digitization solutions that makes the digital journey simpler, smarter and secure. The company’s business is organized around two global businesses, Enterprise Solutions and Industrial Automation Solutions. The company sells its products to distributors, end-users, installers, and directly to original equipment manufacturers (OEMs). Strategy and Business Model Within Enterprise Solutions, the company’s Broadband Solutions products offer a broad portfolio of end-to-end solutions, industry-leading innovation and technology, and worldwide technical service and support to enable a connected, digital world through broadband and wireless innovation. Within Industrial Automation Solutions, the company is uniquely positioned to support digital transformation by providing end-to-end digitization infrastructure focused on robust network infrastructure, secure remote access, accelerated convergence of information technology systems with operational technology (IT/OT), and edge and data analytics. The company’s customers are building the future, and it builds the network that makes it possible. Segments The company operates through two segments – Enterprise Solutions and Industrial Automation Solutions. Enterprise Solutions The Enterprise Solutions (Enterprise) segment is a leading provider in network infrastructure and broadband solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The company’s priority vertical markets for its Smart Buildings Solutions include data centers, government, healthcare, and hospitality. The company also serves customers in markets such as commercial real estate, education, financial, stadiums and venues, and military installations. The company’s Broadband Solutions primarily serve broadband and wireless service providers. Enterprise product lines include copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and secure, high performance signal extension and matrix switching systems. Enterprise provides true end-to-end fiber and copper network systems, which are used in applications, such as local area networks, data centers, access control, 5G, Fiber to the Home and building automation. The company’s high-performance solutions support all networking protocols up to and including 100G+ Ethernet technologies. Enterprise’s innovative products can deliver data in addition to power over Ethernet, which meets the higher performance requirements driven by the increasing number of connections in smart buildings. Enterprise products also include intelligent power, cooling, and airflow management for mission-critical data center operations. The Enterprise product portfolio is designed to support Internet Protocol convergence, the increased use of wireless communications, and cloud-based data centers by the company’s customers. Industrial Automation Solutions The Industrial Automation Solutions segment at Belden provides network infrastructure and digitization solutions to enable the company’s customers to make informed decisions. The company accelerates digital transformation by providing reliable and secure networks designed for the digitization and automation of industries and infrastructure. The company’s products and solutions encompass the four aspects of data handling, including acquisition, transmission, orchestration and management. The company’s primary markets include discrete automation, process automation, energy, and mass transit. Industrial Automation products are sold directly to industrial equipment OEMs and through a network of industrial distributors, value-added resellers and system integrators for broader reach. The company helps customers increase uptime and ensure network data availability, integrity and confidentiality. The company understands the operational, quality, safety and innovation demands of its customers and empower them to succeed by making the most of real-time operational technology data. The company’s industrial automation capabilities span networking, connectivity, and network security to design industrial networks and securely transmit data. Acquisitions The company’s acquisition strategy is based on targeting leading companies that offer innovative products that complement its existing solutions and strong brands. The company utilizes a disciplined approach to acquisitions based on product and market opportunities. Most recently, in August 2023, the company acquired CloudRail GmbH (CloudRail), which specializes in sensor to cloud data solutions allowing end users to quickly connect sensors on their machinery to cloud providers to drive business insights and improve outcomes. In April 2023, the company acquired Berthold Sichert GmbH (Sichert), which designs and manufactures a portfolio of polycarbonate street cabinets utilized in outside plant passive optical networks (PON) and 5G networks. Customers The company sells to distributors, OEMs, installers, and end-users. For the year ended December 31, 2023, sales to the company’s largest distributor represented approximately 15% of its consolidated revenues. The company has supply agreements with distributors and OEM customers. International Operations In addition to manufacturing facilities in the United States (U.S.), the company has manufacturing and other operating facilities in Canada, China, India, Mexico, and Tunisia, as well as various countries in Europe. During 2023, approximately 45% of Belden’s sales were to customers outside the U.S. The company’s primary channels to international markets include both distributors and direct sales to end users and OEMs. Patents and Trademarks The company’s most prominent trademarks are Belden, Alpha Wire, Hirschmann, Lumberg Automation, Mohawk, OTN Systems, PPC, ProSoft Technology, Thinklogical, Tofino, and West Penn Wire. Environmental Matters The company is subject to numerous federal, state, provincial, local, and foreign laws and regulations relating to the storage, handling, emission, and discharge of materials into the environment, including the Comprehensive Environmental Response, Compensation, and Liability Act; the Clean Water Act; the Clean Air Act; the Emergency Planning and Community Right-To-Know Act; the Resource Conservation and Recovery Act; and similar laws in the other countries in which it operates. History Belden Inc. was founded in 1902. The company, a Delaware corporation, was incorporated in 1988.