HIG-backed ATX Networks acquires Pico Digital
ATX Networks Corp, a Canadian portfolio company of U.S. private equity firm HIG Capital, has acquired Pico Digital Inc, a San Diego, California maker of distribution and customer premise equipment for satellite providers, cable companies and radio customers. No financial terms were released. Toronto-based ATX, a provider of video and broadband equipment solutions, said the deal will support its growth in the commercial video solutions business, and facilitate its entrance into the satellite and radio markets. ATX was acquired by HIG in mid-2015. Last September, the company bought InnoTrans Communications Inc.
5 January 2017•4 mins read
