Patton and FiberPlex Join Forces to Build Enterprise Communications Infrastructure Powerhouse
GAITHERSBURG, Md., Oct. 06, 2017 (GLOBE NEWSWIRE) -- Patton Electronics-US manufacturer of UC, cloud, and IoT enabling solutions for carrier, enterprise and industrial networks-has executed a strategic transaction with FiberPlex Technologies-supplier of secure fiber-based digital communications to US Government and commercial markets.
Patton has acquired certain assets and intellectual property rights of FiberPlex and begun consolidating FiberPlex operations in Patton's Gaithersburg Maryland facility. Other terms of the transaction are not disclosed.
The consolidation creates a unified business, growing Patton's revenue and adding significant new resources, competencies and capabilities to the Patton group. New solutions from the combined core technologies and product portfolios enhance value to Patton and FiberPlex customers, channels and ecosystem partners.
FiberPlex customers will continue to receive stable, uninterrupted service and product supply, with all warranty and service agreements fully honored. FiberPlex channel partners will be credentialed into Patton's channel program and given access to the full suite of complementary products. Patton channels will also gain access to FiberPlex products.
"The list of synergies is too long to enumerate," said Bobby Patton, CEO of Patton Electronics. "Our product lines complement each other beautifully and the combined manufacturing capabilities mean we can offer a new level of vertical integration to the worldwide market."
"We are excited about this new chapter for the FiberPlex brand," said Buddy Oliver, CEO of FiberPlex. "We share a vision for the market and look forward to bringing new value to our employees, vendors and customers."
"The FiberPlex cutting-edge fiber technology know-how enhances our contribution to our newly combined customer base. The advanced metal works manufacturing operation of FiberPlex makes us even more vertically-integrated, boosts our rapid-prototyping capabilities and increases the velocity in which we can commercialize technology," Bobby added.
The FiberPlex product line focuses on secure fiber-based digital communications solutions that protect against compromising emanations and feature physical security, intercept avoidance, and layer-zero cyber security.
Both companies are family-owned, brick-and-mortar, advanced-manufacturing operations founded on conservative business principles and American values and focused on cutting-edge technologies, products, and services.
In related news, InsightsSuccess Magazine recently recognized Patton as a top-Ten UC solutions provider for 2017.
Media Contact: Glendon Flowers | +1 301 975 1000 | firstname.lastname@example.org
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Patton Electronics Co. via Globenewswire
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Farmako: Cannabis distributor to become gateway to Europe11.12.2018 10:00 | Pressemelding
Company is first to apply for a licence in the United Kingdom AAA-Team pushes to become gateway to Europe Company first to apply for distribution licences in UK Support of Canadian LP to obtain EU-GMP Focus on research and development FRANKFURT, Germany, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The Frankfurt-based pharmaceutical company Farmako is a research-based pharmaceutical company that distributes medical cannabis. The company is active in all European markets that have created a legal basis for cannabinoid therapies. It is the first company for medical Cannabis pursue distribution licences in multiple European countries. Fort hat, it will rely on EU-GMP certified suppliers. The German market for medical cannabis is estimated at 19.1 million euros in 2018 and at 200 million Euros by 2019. For 2028, experts expect a market volume for medical cannabis of 7.8 billion euros in Germany, an increase by a factor of 400. The number of patients for cannabinoid therapies in Germany has grown from
Kofax RPA Wins DM Award for Artificial Intelligence / Robotic Process Automation Product of the Year11.12.2018 09:00 | Pressemelding
Recognised as Finalist in Seven Categories, Kofax Named Leader in New Category Reflecting the Evolution of the Document and Content Management Sector IRVINE, Calif., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Kofax ® , a leading supplier of intelligent automation (IA) software to digitally transform end-to-end business processes, today announced Kofax RPA was named “AI / Robotic Process Automation Product of the Year” at the 2018 DM Awards, a prestigious awards program conducted by Document Manager Magazine. “By enabling organisations to easily and cost effectively scale their RPA deployments across the enterprise, we’ve raised the bar with Intelligent Automation – the next generation of RPA. We are pleased that the readers of DM Magazine recognise this and honored to receive this award. It is a testament to our success and leadership in the market,” said Reynolds C. Bish, Chief Executive Officer of Kofax. “As the only vendor with cognitive capture, RPA, process orchestration and analytics in i
Skybox Security Appoints Amrit Williams as Vice President of Products11.12.2018 09:00 | Pressemelding
Williams to accelerate the delivery of product roadmap as demand for advanced cybersecurity management solutions grows SAN JOSE, Calif., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Skybox® Security, a global leader in cybersecurity management solutions, announced today that Amrit Williams has joined the company as vice president of products. Williams brings to the company more than 20 years of product innovation and thought leadership in the cybersecurity space. As the head of product management, he will be responsible for driving the Skybox® Security Suite’s product roadmap, focusing on the continuing evolution of the company’s core security management platform and applications addressing firewall, security policy, vulnerability and threat management. “Amrit has an incredible track record of conceiving, developing and delivering to market dozens of award-winning products in both the consumer and enterprise security arenas,” said Gidi Cohen, CEO for Skybox Security. “He has a keen eye to connect
The Graduate Management Admission Council Selects Three New Business Schools for Membership10.12.2018 16:26 | Pressemelding
Schools Bring Expertise and Insight in Support of GMAC Mission RESTON, Va., Dec. 10, 2018 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, welcomes three new members. The addition of ESCP Europe, WHU – Otto Beisheim School of Management, and Xavier University Bhubaneswar brings GMAC’s total membership to 225. Select business schools are invited to apply for GMAC membership by its Board of Directors. Each school goes through a comprehensive application process that addresses the sustained commitments to supporting GMAC’s mission: providing the tools and information necessary for schools and talent to discover and evaluate each other. “GMAC continues to strengthen our membership of graduate business schools that are not only working to address the changing needs of students, but also understanding the landscape and what can be done to better prepare students for their careers,” said Sangeet Chowfla, president
Doc re. GE Files Form 8-K10.12.2018 16:08 | Pressemelding
FAIRFIELD, Conn., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Company General Electric Company ISIN US3696041033 Symbol London: GEC | Paris: GNE Headline Doc re: GE files Form 8-K December 10, 2018 On December 10, 2018, General Electric Company (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"), which has been submitted to RNS. It is also available on the SEC's website at http://www.sec.gov and on the Company's website at https://www.ge.com/investor-relations/events-reports. http://www.rns-pdf.londonstockexchange.com/rns/0008K_1-2018-12-10.pdf CONTACT: GE Jennifer Erickson +001 646 682 5620 email@example.com This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact firstname.lastname@example.org or visi
Robex Resources Inc.: Drilling Results Confirming and Extending Gold Mineralization at Nampala10.12.2018 15:28 | Pressemelding
QUÉBEC CITY, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Robex Resources Inc. (« Robex » and/or « the Company ») (TSXV : RBX / FWB : RB4) is pleased to provide drilling results from the ongoing drill definition and exploration program at its 100% owned Nampala gold project located in the Sikasso administrative region of the Republic of Mali. The 20,000 meters drill program commenced in September 2018. The program is currently focused on infill drilling within the Nampala open pit and resource area and on exploration drilling on the adjacent Mininko exploration permit. The Company is reporting assay results from 57 drill holes (totaling 5,392 metres): 13 diamond drill holes (totaling 1,272 meters) and 44 RC holes (totaling 4,120 meters). The program is still ongoing and other results will be reported once the results are received, validated and compiled. In this release, significant assay results from 43 intercepts in 23 drill holes are reported herein are provided in Table 1 below and include th
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom