Announced
Financials
Sources
Tags
Cross Border
Pending
Austria
Majority
Friendly
Private Equity
Private
Single Bidder
system integrator
Acquisition
Electrical Components
Synopsis
DBAG-backed BTV, a supplier of broadband communication technology, agreed to acquire FIONIS, a broadband system integrator. Financial terms were not disclosed. “The integration of FIONIS into the BTV Multimedia Group strengthens the position ofGroup of companies in the fiber optic sector with a significant addition to oursProduct and service portfolios. Together we are a strong partner in the FTTx area asTechnology of the future,” Christoph Klein, BTV Chairman.
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