Albourne’s Technetix Group acquires Canadian firm

By Sam Pither

11 October 2022

Share

The Business Magazine article image for: Albourne’s Technetix Group acquires Canadian firm

Albourne-based broadband technology provider, Technetix Group Ltd, has acquired Lindsay Broadband Inc, a Canadian broadband technology manufacturer.

The deal will support Technetix’s expansion into the Americas, and broaden the company’s offering for hybrid fibre-coaxial, fibre and mobile networks.

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.”

The site of Lindsay’s headquarters in Peterborough, Canada, which has departments covering sales, R&D, distribution and manufacturing, will add to Technetix pre-existing sites in Denver, USA and Mexico City, Mexico.

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.”

Featured image: Paul Broadhurst, CEO, Technetix & David Atman, President Lindsay Broadband Inc. Credit: Technetix

By Sam Pither

Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.