Fibre optic broadband supplier Emtelle UK, which is a global manufacturer of blown fibre, cabling and ducted solutions for network operators, has today announced the strategic acquisition of Ridgemount Technologies, a UK based manufacturer of fibre optic cable connectors and sub-systems.
Ridgemount are perhaps best known for their FBEAM™ and Venturi™ ranges of fibre optic connectors, which are used in both standard and harsh environments. At the same time, Emtelle have been looking to boost their R&D in the field of FTTx deployment and the Defence industry, which today’s deal should be able to support as both look to develop the “next generation of connectivity solutions“.
In addition, Emtelle hopes the deal will help to prioritise automation and capacity expansion, which among other things could lead to enhanced manufacturing efficiencies (i.e. cost savings) and more product offerings. Integration of Emtelle’s FibreFast™ bundle and associated products with Ridgemount’s expertise will play a role in all this.
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Tony Rogers, Emtelle’s CEO, said:
“This strategic acquisition signifies a milestone in our journey to drive technological advancements and meet the ever-expanding needs of our global customers. With additional resources Ridgemount, would enable focus on innovation, automation and capacity expansion. Ridgemount’s expertise in fibre optic connectors complements Emtelle’s mission to provide comprehensive, state-of-the-art cabling and ducted solutions.
Together, we will set new industry standards and continue our shared legacy of innovation. Emtelle current business is focused on Telecom and Power sectors, and now we intend to expand our reach into the Defence sector with our duct and fibre optic cable solutions.”
Chris Peters, MD of Ridgemount, said:
“I am enthused by the acquisition of Ridgemount by Emtelle, the sheer possibility to further scale up a rapidly growing business and to develop the next generation of optical fibre connectors will provide significant opportunities for our customers, suppliers and staff alike. We are looking forward to being an integral part of Emtelle’s strategic offerings across a range of markets. This is an exciting opportunity to secure the future of Ridgemount and to grow the business to become a major player in Optical Fibre Interconnect Technology.”
Sadly, no financial details of today’s deal were revealed in the announcement.
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