In October of 2007 I speculated, out loud via this blog, as to whether or not WLAN infrastructure vendor Trapeze was for sale. While I don't claim to be a fortune teller (yes, RSS feeds and briefing sessions have, in large part, replaced my standard-issue analyst crystal ball) and it was no secret that the company was, at least intermittently, being shopped, it was with a bit of surprise that I greeted the news of Belden being the confirmed buyer. At $133 million in cash, there is some debate on whether the value of the transaction is consummate with the value of the goods. Given the delayed IPOs as the relatively steep slide ARUN has taken since its post-IPO high in July 2007, it's likely $133M is a fair valuation — I'll leave that question to the 'Street analysts,' you know, the analysts that still use crystal balls.
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