SPIE to acquire a 89% stake in PIK.

SPIE, a provider of energy, communications, and digital transformation services, agreed to acquire a 89% stake in PIK, a provider of media technology solutions. Financial terms are not disclosed. “With PIK, we are gaining a strong team with a high level of technical expertise. The existing project pipeline is well filled, and demand in critical and digitally driven infrastructure areas continues to grow — a good basis for long-term, profitable growth. We look forward to our future together,” Markus Holzke, SPIE Managing Director.