Mergers & Acquisitions
NVT Phybridge Intends to Acquire Nitek Connectivity Assets, Targeting October 2026 Close
By News Desk ·
Key takeaways
- NVT Phybridge intends to acquire Nitek's connectivity assets, with the transaction expected to close by the end of October 2026.
- The deal is subject to satisfactory due diligence, customary closing conditions and execution of a purchase agreement.
- Nitek and NVT Phybridge will operate independently until closing, after which NVT Phybridge plans to communicate with Nitek's customers, distributors and integration partners.
NVT Phybridge intends to acquire the connectivity assets of Nitek, with the transaction expected to close by the end of October 2026, according to a statement from the company. EIN Presswire published the announcement on October 17, 2026. Nitek provides video transmission, Ethernet extension and connectivity solutions to the physical security and networking industries.
NVT Phybridge's Planned Nitek Asset Purchase
NVT Phybridge is a Canadian-owned technology company specializing in Power over Ethernet and long-reach networking solutions, according to company records. Nitek is an established provider of video transmission, Ethernet extension and connectivity solutions serving the physical security and networking industries, according to akta.pro company records.
The transaction is expected to close by the end of October 2026, subject to satisfactory due diligence, completion of customary closing conditions and execution of a purchase agreement. Nitek and NVT Phybridge will continue to operate independently until closing.
"Our decision to acquire Nitek's assets is driven by our belief in the value of its technology, its customers, and the relationships built over many years," said John Croce, CEO and Founder of NVT Phybridge. "We recognize that customers and channel partners depend on these products to support important security and networking applications."
Following closing, NVT Phybridge intends to prioritize product continuity for established Nitek product lines, clear communication for distributors, resellers, integrators and end users, and the addition of its engineering and networking experience to the combined product portfolio. The company also plans to use its international sales and distribution relationships to introduce Nitek solutions to additional markets and to evaluate opportunities to enhance connectivity solutions.
NVT Phybridge's Reach and Partnerships
NVT Phybridge was founded in 2016 and is headquartered in Oakville, Canada, according to akta.pro company records. The same records list a headcount range of 51-100, a revenue estimate of $10 million-$25 million and a valuation estimate of $10 million-$50 million.
The records also show a January 2026 strategic technology partnership with HP Poly covering interoperability testing between NVT Phybridge PoE switches and HP Poly IP telephony endpoints. NVT Phybridge has extended its operating footprint beyond North America into Europe, Latin America and Asia Pacific, with named enterprise customers including Kansai Airport, Hitachi Rail, GNP and Liverpool.
Nitek Customer Communication After Closing
Following closing, NVT Phybridge plans to communicate directly with Nitek's customers, distributors and integration partners regarding product availability, ordering processes, technical support and the transition of relevant business activities. "We want every Nitek customer and partner to know that we value their business and look forward to earning their continued trust," Croce added.