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STL company to sell cybersecurity subsidiary for $350M

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St. Louis company Belden Inc. reached a deal to sell its cybersecurity subsidiary for $350 million.

Belden is selling Tripwire to HelpSystems, a cybersecurity and automation software company based in Minnesota.

Tripwire generated more than $100 million in revenue during its most recent fiscal year.

Read more from the St. Louis Business Journal.

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