Belden (NYSE:BDC) announced it has acquired privately held PPC, a provider of broadband connectivity solutions headquartered in Syracuse, NY, for $515.7 million. PPC had 2012 revenues of approximately $238 million. The acquisition is intended to enhance Belden's Broadcast Solutions platform and increase its exposure in certain markets.
Belden Buys PPC for $515 Million
Dec 11th, 2012