NSI Industries, LLC, provider of electrical product solutions has acquired TechLogix Networx, a Madison, Wis.-based fiber optic and collaboration technology manufacturer. According to NSI, the acquisition will help support its distributors and clients transition from copper-based solutions to fiber optic technologies.
“The acquisition of TechLogix helps support both our copper and fiber optic distribution in the Pro AV and Telecommunication categories, which combined with Platinum Tools makes up a core component of our overall growth strategy,” said G. R. Schrotenboer, CEO of NSI Industries, in a statement. “…NSI Industries now enters an emerging technology space using fiber optics to help deliver faster communication speeds. Plus, we now have two industry thought leaders joining our team, and we are gaining IP in an important and emerging vertical market. We are excited to welcome the TechLogix team into our core leadership group.”
The company says it chose TechLogix Networx due to its reputation as a major brand in the emerging fiber optic and collaboration technology segments and for also pioneering technology to simplify fiber optic installation and migrate buildings into a high-definition, internet-based world.
NSI added that it has been connecting electrical category distributors to products, services, and technologies since 1975 and has several brands under its name, including Bridgeport Fittings®, Platinum Tools®, Polaris®, TORK®, WarriorWrap® Professional Tape, TERMINATOR™ Premium Wire Connectors, RHINO Safety™, and now TechLogix Networx.
TechLogix Networx also acknowledged that it was excited to be a part of NSI Industries. Cameron Smith, TechLogix Networx CEO & co-Founder remarked, “With an already diverse product portfolio and as our product categories continue to grow at an exponential rate, NSI provides us the resources to properly service the industry in both the short and long term. TechLogix will both add new solutions to NSI’s portfolio as well as expand upon current brand and product offerings.”
