Connections +
Feature

Polycables acquired by Cygnal

In a move that will strengthen its position in the Quebec cabling market, Cygnal Technologies Corporation, the Ottawa-based broadband networking outfit, has acquired Polycbles National Inc. ("Polycab...


March 1, 2000  


Print this page

In a move that will strengthen its position in the Quebec cabling market, Cygnal Technologies Corporation, the Ottawa-based broadband networking outfit, has acquired Polycbles National Inc. (“Polycables”) of Quebec.

Polycables — a provider of structured cabling, installation and project management to business and government — will become a division of Cygnal’s Normex Telecom division in Quebec. Polycables’ management team, consisting of founders Gaetan and Jean-Franois Vaillant, will continue to operate their respective divisions.

The $2.8 million transaction is expected to increase Cygnal’s revenues by approximately five per cent, according to a statement released by the company.


Print this page

Related