Announced
Financials
Sources
Tags
Acquisition
Pending
Friendly
United States
Single Bidder
fiber network engineering
Facilities Technology
Private
Majority
Synopsis
Orix-backed Nat Tech, the wholly-owned operating subsidiary of NTI Connect, a nationwide provider of mission-critical deployment services, agreed to acquire fiber network engineering business from Precision Design Services, a provider of design, engineering, and project management for telecommunications and data communications systems. Financial terms were not disclosed. "The acquisition of PDS aligns with NTI’s strategy to expand our engineering services capabilities. Providing both fiber network engineering and fiber optic deployment services to all of our national customers in the important New York City area has been a top priority for us, and now we are in a strong position to deliver these capabilities to our clients in this market," Jim Estes, NTI CEO.
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