Belden to acquire OTN Systems from Gimv.

Belden, a company that designs, manufactures, and markets cable, connectivity, and networking products, agreed to acquire OTN Systems, a firm that develops and markets fiber optic networking products, from Gimv, a private equity firm. Financial terms were not disclosed. "We are particularly proud that OTN Systems has built a top-notch product portfolio. In several recent projects, OTN Systems’ commercial teams and XTran have outperformed larger telecommunications suppliers, resulting in exponential growth. As part of the Belden group, OTN Systems is now ideally placed to continue growing internationally," Bart Diels, Gimv Managing Partner.