Technetix buys Lindsay Broadband

Sept. 6, 2022
The deal expands Technetix’s product set, particularly in broadband wireless gateways and network power, as well as expands the company’s presence in the Americas.

Technetix Group Ltd. has announced its acquisition of privately held Lindsay Broadband Inc. for an undisclosed sum. The deal expands Technetix’s product set, particularly in broadband wireless gateways and network power, as well as expands the company’s presence in the Americas.

Lindsay Broadband, which is based in Peterborough ON, Canada, will retain its name and operate as a division of Technetix with the existing management team, including President David Atman, staying in place, according to Technetix CEO Paul Broadhurst. The new assets should grow the company’s revenues by about 25%, he said, as well as distribute revenues more evenly between the Americas and Europe.

The two companies have little product overlap, Broadhurst added. He highlighted Lindsay Broadband’s fiber transmitters and nodes and passives, as well as technology for connecting multiple dwelling units (MDUs), as being of particular interest in the wireline world as well as the wireless gateways and power technology for WiFi and mobile base stations. With cable operators building out infrastructure in the HFC, fiber, and wireless domains, the acquisition puts Technetix in position to address all three areas, Broadhurst believes.

Technetix and Lindsay Broadband also should be able to help each other geographically, Broadhurst stated. While Technetix has operations in Denver and Mexico City, the new acquisition will provide additional presence and resources in the Americas – particularly Latin America, where Lindsay has close relationships with Tier 1 operators, Broadhurst said. The addition of Lindsay Broadband should be of particular help in marketing Technetix’s PON remote optical line terminal (OLT), he hopes. Meanwhile, Technetix should boost sales of Lindsay Broadband’s products outside of the Americas, particularly in Europe and Australia.

Broadhurst said that he remains open for further acquisitions, including carve outs of business units from other companies.

About the Author

Stephen Hardy | Editorial Director & Associate Publisher

Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.

Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.

He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, DOCSIS technology, and more.

Sponsored Recommendations

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

From 100G to 1.6T: Navigating Timing in the New Era of High-Speed Optical Networks

Feb. 19, 2024
Discover the dynamic landscape of hyperscale data centers as they embrace accelerated AI/ML growth, propelling a transition from 100G to 400G and even 800G optical connectivity...

FTTx Deployment Strategies

March 29, 2023
Cable operators continue to deploy fiber in their networks at anincreasing rate. As fiber grows in importance, proper choices regardinghow to best fit fiber to the home together...