Liberty Global Invests in Technetix

ALBOURNE, UK -- TECHNETIX, the leading global broadband cable network transmission technology provider, today announced it had raised £7.5million in strategic funding by new investor, Liberty Global Ventures, the global investment fund owned by Liberty Global. Technetix supplies critical headend and access transmission systems for fibre and HFC (hybrid fibre coax) networks. The investment will enable further market traction and a broader range of business opportunities giving our customers an unparalleled range of solutions.

Paul Broadhurst, CEO of Technetix said “We are excited about receiving this investment and further cementing the already close relationship we have with Liberty Global. We are resolutely focussed on delivering the next generation technology platforms to market which form a key part of our customers’ networks allowing expansion, better efficiency while minimising total cost of ownership. The funding will assist in scaling our business in all areas to meet future growth.”

Colin Buechner, MD Access Network of Liberty Global, said, “Liberty Global Ventures invests in companies which provide high strategic value to our markets. Technetix is a key partner to Liberty Global delivering unique expertise and technology know-how. We look forward to partnering even closer with Technetix as a result of this investment.”

Technetix Group Ltd.

Cable Next-Gen Technologies & Strategies – Making cable faster, broader, deeper, better

If you want to know where the cable tech space is heading, we've got you covered. Join the biggest names in the industry in Denver, CO on March 14 & 15 for the latest edition of Light Reading's Cable Next-Gen Technologies & Strategies conference.

Back for a record 16th consecutive year, Cable Next-Gen is the premier independent conference covering the broadband technology market. This year's edition will tackle all the top tech topics, including 10G, DOCSIS 4.0, Distributed Access Architecture, next-gen PON, fixed wireless access, network virtualization, the Digital Divide and more

Get your free operator pass here.

Sign In