From Dealroom · · 40s
NVT Phybridge Acquires Nitek Assets
NVT Phybridge to buy Nitek's physical security tech for expanded network solutions.
In brief
NVT Phybridge to buy Nitek's physical security tech for expanded network solutions. NVT Phybridge will acquire Nitek's assets to broaden its security and networking offerings for professionals. Originally reported by Dealroom.
Deal Details
NVT Phybridge signed a definitive agreement to acquire certain assets of Nitek, a video transmission and network connectivity provider for physical security.
What Each Company Does
NVT Phybridge builds Power over Ethernet solutions used at the White House, NASA, and government agencies. Nitek supplies connectivity for video surveillance and network infrastructure.
Endgame Strategy
NVT Phybridge will fold Nitek's connectivity solutions into its portfolio, prioritising product continuity and support for existing Nitek lines through international sales channels.
Here's the gist
NVT Phybridge will acquire Nitek's assets to broaden its security and networking offerings for professionals.
