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acquisitions

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Circa expanding into IoT space with Teletics acquisition

August 17, 2020

August 17, 2020 – Circa Enterprises Inc., a manufacturer of equipment for the telecom, electrical utility and construction industries, has completed the acquisition of substantially all of the assets of Teletics Inc., a manufacturer and supplier of wireless voice and

News Cabling

Competition Bureau requires WESCO to divest its datacom and utility divisions

August 6, 2020

August 6, 2020 – Canada’s Competition Bureau registered a consent agreement with the Competition Tribunal to address its concerns related to WESCO International Inc.’s acquisition of Anixter International Inc., which would have combined the two largest distributors of pole line

News Cabling

Leviton acquiring Berk-Tek from Nexans in $202 million US deal

July 22, 2020

July 22, 2020 – Nexans announced it is selling Berk-Tek—a manufacturer of local area network copper and fiber cables—to Leviton, in a deal valued at $202 million US. “Berk-Tek is a highly respected North American cabling company with exceptional manufacturing

News Communications Technology

Wesco completes $4.5-billion merger with Anixter

June 24, 2020

  June 23, 2020 – Wesco International Inc. has completed its merger with Anixter International Inc., which we reported mid-January. Anixter is now a wholly owned subsidiary of Wesco, and its shares ceased trading prior to the market open on

News Communications TechnologyConnectivityData CentresNetworksThe Cloud

Cisco to acquire ThousandEyes, which is like a “Google Maps view of the internet”

May 28, 2020

May 28, 2020 – Earlier today, Cisco announced its intent to acquire privately held ThousandEyes Inc., whose internet and cloud intelligence platform “delivers deep visibility and insights into the digital delivery of applications and services over the internet”. And the

News Cabling

nVent acquires “substantially all of the assets” of WBT LLC

May 2, 2020

May 2, 2020 – nVent Electric plc reports it has acquired “substantially all of the assets of WBT LLC”, a U.S.-based manufacturer of cable tray, which will become part of nVent’s Electrical & Fastening Solutions (EFS) segment, marketed as part

News Communications Technology

It’s official! Wesco is acquiring Anixter in US$4.5-billion deal

January 14, 2020

“The transformational combination of Wesco and Anixter will create a premier electrical and data communications distribution and supply chain services company.”

News Communications TechnologyTelecom

Wesco submits revised proposal to acquire Anixter for $97/share

January 8, 2020

Wesco International, a provider of electrical, industrial and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, has submitted a revised proposal to the board of directors of Anixter International to acquire the company for

News Networks

Acuity Brands acquires LocusLabs Inc.

November 29, 2019

Acuity Brands has acquired LocusLabs Inc., an indoor mapping and location platform. The LocusLabs software platform supports navigation apps on mobile devices, web browsers and digital displays in airport, event centres, multi-floor office buildings and campuses. Users of the app

News CablingConnectivity

Connectrac acquired by Legrand, North and Central America

October 23, 2019

Legrand, North and Central America (LNCA) has acquired Connectrac, a developer of flexible floor-based cable management solutions that deliver power, data and communications to commercial interior applications. LNCA says adding Connectrac to its portfolio will allow the company to reach