Cabling and connectivity company Belden is poised to buy Miranda Technologies.
The companies said that Belden has no plans for any changes to Miranda’s existing operations, including the R&D and manufacturing operations.
“With no significant product overlap, the primary focus will be to ensure continuity of supply and support for customers of both companies,” Miranda said in a statement.
Miranda president and chief executive Strath Goodship said Belden had “a strong portfolio of successful businesses” and “proven experience with many of our broadcast customers”.
He said: “Our businesses and technologies are highly complementary and bringing them together will generate a more complete set of end-to-end solutions for our customers.”