MaRS IAF-backed Phybridge to acquire Menlo Park's NVT
Canadian switch technology specialist Phybridge Inc has agreed to purchase Network Video Technologies (NVT), a Menlo Park-based supplier of Internet protocol and power-over-ethernet transmission products focused on the security market. The value of the acquisition was not released. Phybridge, which has its headquarters in Toronto, said the NVT deal will facilitate the bringing of its long-reach ethernet technology into the security market. Founded in 2006, Phybridge is a portfolio company of MaRS Investment Accelerator Fund, an early-stage venture capital fund managed by Canadian innovation hub MaRS Discovery District.
15 April 2015•2 mins read
