Announced
Completed
Financials
Sources
Tags
Germany
software company
Software
Acquisition
Cross Border
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
Belden, a specialty networking solutions provider, completed the acquisition of CloudRail, a software company. Financial terms were not disclosed. "The combination of CloudRail’s strengths in helping get your data into the cloud with Belden’s leadership position in the global ruggedized industrial networking market and additional industrial Edge capabilities will allow us to provide complete networking infrastructure from the sensor up to the cloud unrivaled by our competitors and meeting todays requirements for network automation and digitalization. At the same time, existing and planned investments remain even more stable and secure with the Belden group as your stable and reliable partner," CloudRail.
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