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Belden Inc, the NYSE-listed wire and cable manufacture, announced on 29th November that it is selling two of its business arms, Thermax and Raydex, to Carlisle Companies Inc for US$265M. The two companies, which make cable for the aerospace and defence industries, are expected to be sold by 31st December 2012. Belden Inc said the disposals were "in the interests of shareholders" and announced a US$200M share buyback alongside the announcement, indicating the proceeds of the sale will be largely returned to shareholders rather than re-invested.

Belden Inc., the US wiring manufacturer that generates the majority of its revenue from the industrial sector, announced on 8th November an increase in revenues of 1.9% q-o-q to US$ 519.7M. In an accompanying presentation, the company highlighted that the amount of revenue from their wiring division declined by 1 percentage point in Q3 from a year earlier. Commenting on the results, CEO John Stroup said that he was proud of the results but he noted that "the weak demand environment presents challenges and the uncertainty affects our visibility."

Hewlett-Packard said on Monday it plans to buy Colubris Networks, furthering the consolidation of wireless networking companies. Financial terms were not disclosed. HP said the deal should close by the end of fiscal 2008, which occurs in October. Colubris, founded in 2000 and based in Waltham, Massachusetts, sells wireless access infrastructure products based around the 802.11n wireless standard, which can match or best the speeds of a plugged-in broadband connection. But the upgrade to 802.11n poses many issues for it to work efficiently. Colubris has centered many of its products around the predicted upgrade of those networks over the next few years. Colubris also sells wireless security and network management products. HP said products from Colubris will be incorporated into its ProCurve Networking portfolio, which will improve HP's ability to serve the health-care, transportation, manufacturing and education markets, among others. In June, Belden said it would buy WLAN vendor Trapeze Networks for US$133 million