DENSITRON acquired by QUIXANT plc
December 16, 2015 (PRLEAP.COM) Technology NewsDecember 16, 2015 - Densitron Technologies, a supplier of electronic displays to the industrial marketplace, announces that it has been acquired by London AIM listed Quixant plc, a company specialising in the design and manufacture of computer solutions and monitors for the global gaming and slot machine industry. Densitron, which has over 40 years of history as a provider of advanced display solutions to industrial customers, will continue as a separate subsidiary of the Quixant plc group.
The merger enables Densitron to immediately extend its product range to include larger display formats and monitors as well as embedded computer solutions. Quixant has a strong Taiwan operation focused on design, manufacture and quality control which will enhance the capabilities of the existing Densitron Taipei facility.
Grahame Falconer, MD of Densitron Technologies Ltd, stated: "The acquisition by Quixant is a very exciting development for Densitron. Quixant is a successful and dynamic company that will enhance Densitron's future growth plans in the display and embedded solutions marketplace. Its design and manufacturing expertise and operation in Taiwan will strengthen our business and result in significant benefits to our customers."
Nick Jarmany, CEO of Quixant plc, stated: "Densitron's addition to the Quixant group brings a wealth of experience and expertise in selling complex display and electronic solutions to the global industrial market. Densitron has a highly professional sales network with local presence in all the major regions. Quixant will be working to leverage its strengths to help Densitron accelerate its growth into the future."
New branding will be announced shortly that preserves the powerful and well established Densitron name but identifies the link to the Quixant plc group. A new and enhanced Densitron web site will also be launched in January as part of the planned growth of the company's business in its key marketplaces in Europe, the United States and Asia.
For further information, please contact:
Densitron Technologies Ltd
Grahame Falconer, Managing Director Tel: +44 (0) 20 7648 4200
Nick Jarmany, Chief Executive Tel: +44 (0) 1223 892696
Jon Jayal, General Manager
John Coles Tel: +44 (0) 7836 273 660
Hilary Buchanan Tel: +44 (0) 7515 805 218