Unique Broadband Systems, Inc. has acquired ProTelevision Technologies A/S to enhance its high-speed wireless transmission capabilities and global market access.
Target Information
Unique Broadband Systems, Inc. (CDNX: UBS), headquartered in Concord, Ontario, is a leading provider of high-speed wireless transmission solutions. The company has recently completed the acquisition of ProTelevision Technologies A/S (PTV), based in Brøndby, Denmark. PTV is renowned in the television and broadcast transmission industries for developing innovative studio and transmission products. Following the acquisition, PTV will operate as a wholly owned subsidiary of UBS, enhancing UBS's technological portfolio and market reach.
This strategic acquisition not only enriches UBS's product offerings but also positions the company to leverage PTV's established international sales and distribution network. UBS now employs over 150 professionals, including more than 80 engineers, and maintains a global presence with offices in various countries including the US, Canada, and several European locations.
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Industry Overview
Denmark's broadcasting industry is characterized by progressive regulations and innovations in digital technology. The sector is increasingly moving towards advanced transmission methods such as Orthogonal Frequency Division Multiplexing (OFDM),
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