Technetix Group completes acquisition of the ARRIS Supplies Division
October 1, 2015
Technetix Group, a global broadband cable and telecommunications equipment supplier, has announced completion of the acquisition of the assets of the ARRIS Supplies Division – formerly TeleWire Supplies and part of ARRIS Group.
With the transaction complete, Technetix has expanded its footprint in the Americas and now offers customers a greater range of solutions and support services to enable accelerated growth in the Americas cable market.
Technetix has integrated the ARRIS Supplies business into its existing USA operations in Denver, Colorado, while also retaining ARRIS Supplies’ existing operations in Cary, North Carolina – enhancing its local platform for innovation and better serving the region’s leading cable operators.
Paul Broadhurst, CEO of Technetix Group, said, “With this acquisition completed, we are now focused on a smooth transition for all our customers, both new and existing, combined with offering a greater range of innovative products and enhanced services.
“This acquisition will be transformational for Technetix and has placed the company in an ideal position for accelerated growth in the Americas market, adding customer base, extensive products and broad employee talent.
“We expect this to be a very positive transition for our customers, combining one of the leading companies in supply chain management solutions in the USA with a leading supplier of broadband cable solutions in Europe.”