https://www.engineeringnews.co.za

Reunert acquires SkyWire

30th January 2018

By: Creamer Media Reporter

     

Font size: - +

JSE-listed electronics and electrical engineering company Reunert has moved to acquire wireless broadband service provider SkyWire Technologies in an effort to expand its information and communications technology (ICT) portfolio.

This acquisition complements the ICT segment’s expansion strategy to increase its traditional suite of products and services to include broadband connectivity, and leverages Nashua and ECN brands and market positions to open a wider network for the rapid deployment of high-quality broadband connection.

“Adding SkyWire to the communications cluster of the business provides an excellent overlap with Nashua and ECN’s distribution network of 37 franchises and 320 dealers,” said Reunert CEO Alan Dickson.

Further, SkyWire’s existing customer base and products will allow Reunert to enter the fixed wireless broadband market as a significant player.

SkyWire also has expansion plans into other African territories under way.

The SkyWire business, brand and channel will remain as an independent business unit within the communications cluster of Reunert’s ICT segment and SkyWire founding members Mondi Hattingh and Jaco Visagie will stay on at the business.

Reunert aims to conclude the transaction, which remains subject to final conditions precedent and the necessary regulatory approvals, by the end of February.

Edited by Creamer Media Reporter

Comments

Showroom

Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.078 0.134s - 164pq - 2rq
Subscribe Now