v3.26.1
Subsequent Events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events . SUBSEQUENT EVENTS

On July 1, 2026, the Company completed the previously announced sale of its RUCKUS segment to Belden pursuant to the Purchase Agreement, dated as of April 29, 2026, in which Belden acquired the RUCKUS segment on a cash-free, debt-free basis, in exchange for approximately $1.846 billion in cash, subject to certain adjustments.

On August 5, 2026, the Company declared a special cash distribution (the Special Distribution) of $5.00 per share on the Company’s outstanding common stock. The Special Distribution will be paid on August 27, 2026, to stockholders of record at the close of business on August 17, 2026. The aggregate amount of the Special Distribution will be determined based on the number of shares outstanding and other eligible equity awards entitled to receive the distribution as of the record date.