ALBOURNE, UK – Sept 6th 2022 – Technetix Group Ltd (Albourne, UK), the leading global broadband technology provider, today announced completion of the purchase of Lindsay Broadband Inc. (Peterborough ON, Canada).
The acquisition will enable significant growth and market traction for Technetix, expanding its footprint in the Americas and offering our customers a broader range of solutions for HFC, fiber and mobile networks.
Technetix will add Lindsay’s HQ site in Canada located in Peterborough, covering sales, R&D, distribution and manufacturing departments and its sales all across the Americas, adding to Technetix’ existing Americas presence in Denver CO, USA and Mexico City, Mexico.
Paul Broadhurst, CEO of Technetix Group, said, “We are delighted with this acquisition as Technetix and Lindsay Broadband have complementary businesses. The transaction positions the company for accelerated growth in the Americas market, adding customer base, extensive new products and broad employee talent to the Technetix team.”
David Atman, President of Lindsay Broadband said, “The Lindsay Broadband team delivers unique expertise and technology know-how that will drive additional innovation for the Technetix product portfolio globally and allow the group to better serve its customers. Our leadership in the Americas will bolster Technetix’ local footprint while serving as a platform for its global growth.”
Technetix provides breakthrough solutions for your broadband network evolution. We work closely with our customers, listening to their needs and then innovating and delivering technologically advanced products and solutions that enable flexible, powerful networks, increase revenue and market share and providing a better overall service experience. With cutting-edge solutions including Distributed Gain Architecture, the DBT Gamechanger, the DBx Open Access Platform, Virtual Segmentation, Remote Optical Line Terminal (rOLT) and XGT taps, Technetix is a partner that broadband operators can count on to achieve their most ambitious goals. Technetix works with leading broadband operators in 70 countries. www.technetix.com
About Lindsay Broadband Inc.:
Lindsay Broadband has a proud history of playing a key role in the global broadband communications industry for over 65 years. We have an impressive history of industry firsts in innovative R&D aimed at driving additional revenue for our customers. We offer technologically advanced end-to-end solutions for RF, optical, powering, and business connectivity. Solutions include 1.2/1.8 GHz HFC network rebuilds, FTTx, end-to-end RFoG, rural broadband connectivity, customer premise equipment, MDUs, in-home networking, network standby and non-standby powering, LiFePO4 backup power solutions (AC power generators, batteries, trailers, solar solutions), NIU/CPE UPS systems, small cell connectivity and powering, PoE, Wi-Fi, IoT, PTP/PTMP, security cameras, digital signage, and many other revenue generating solutions. www.lindsaybb.com