|By Business Wire||
|February 5, 2014 12:01 PM EST||
Legrand, a global leader in electrical and data network infrastructure solutions, today announced it has signed a definitive agreement to acquire Lastar, Inc., including its Quiktron and C2G divisions. Quiktron, based in Albia, IA is a leading manufacturer of copper and fiber optic cable assemblies for the data communications distribution channel. C2G, based in Moraine, OH, is a recognized leader of cabling and connectivity products for the A/V and IT industries. Consummation of the transaction is subject to the completion of conditions for closing, including the receipt of consents and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, which is anticipated within 30 – 60 days. Until such time, the companies will continue to operate independently.
Legrand’s acquisition of Lastar and its Quiktron and C2G brands would strengthen Legrand’s position and capabilities in the data communications and A/V channels while simultaneously providing Legrand access to new customer segments.
New breeds of digital applications and an increasing demand for streaming content at home and at work have driven rapid growth in the data center and the continued buildout of higher bandwidth communication infrastructures. Given the industry trend toward pre-terminated cable assemblies, Legrand would now offer its customers a broader array of custom and pre-terminated copper and fiber cable assemblies that are designed for flexibility and efficient installation.
“We are focused on providing a more integrated infrastructure solution including cable assemblies, connectivity, cabinets, racks, cable tray, and cable management solutions that will help address our customers’ requirements for next-generation data communications demands,” said John Selldorff, President and CEO, Legrand, North America. “The acquisition of these leading organizations underscores Legrand’s commitment to strategic growth in the data communications and A/V channels.”
The addition of Quiktron to Legrand’s existing data communications product and service capabilities would provide customers a more complete and fully integrated end-to-end solution. Additionally, customers would find increased flexibility in design, installation and support services from one streamlined source. In joining Legrand, C2G would gain access to Legrand’s global resources and capabilities in the acceleration of innovation, expansion of services, and the addition of select data communications and A/V products, over time, that are currently not available in their product catalog.
“Lastar’s customers would undoubtedly benefit from the increased access to a diverse range of products and the complete turnkey suite of solutions that Legrand would offer” said Bill Diederich, President and CEO, Lastar, Inc. “Upon formal completion, the acquisition would create new growth potential for all parties involved as the data communications, A/V and IT landscapes continue to evolve.”
“Lastar values providing customers an effortless experience, innovation in products and services, and caring for and communicating openly with its associates” said Mike Shane, Lastar Chairman and co-founder. “We are happy to find new owners 30 years after founding the company, who share those values and who will give our team the opportunity to take Lastar’s achievements to the next level backed by the strength of a vibrant global company.”
Founded in 1984, Lastar employs nearly 1,000 employees with operations in nine locations throughout the United States, Europe and Asia. In 2013, Lastar achieved global revenues of more than $135 million.
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value and acquisitions are prime vectors for growth. Legrand reported sales of close to $5.8 billion in 2012. Legrand has a strong presence in the North American market, with a portfolio of well-known product lines that include Cablofil, Electrorack, Middle Atlantic, NuVo, On-Q, Ortronics, Pass & Seymour, Vantage, WattStopper and Wiremold. The company is listed on NYSE Euronext and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, ASPI and DJSI (ISIN code FR0010307819). www.legrand.us
C2G is a division of Lastar, Inc., a global leader in IT, A/V, and datacom cabling and connectivity solutions since 1984. C2G delivers connectivity solutions renowned for superior quality, value, and innovation and are backed by their uncompromising commitment to customer service. C2G is best known for being the cabling and connectivity supplier of choice for industry leading technology resellers and distributors and has operations across North America, EMEA, and Asia. For more information regarding C2G, visit www.c2g.com.
Quiktron is a leading manufacturer of fiber optic and cable assemblies for the datacom and telecommunications industries since 1992.The company partners with prominent distributors that offer a full line of data and communications products. With facilities in Albia, Iowa and Hickory, North Carolina, Quiktron provides custom manufacturing of fiber and copper interconnects as well as the distribution of more than 3,000 core items. www.quiktron.com
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Aug. 26, 2016 02:15 AM EDT Reads: 1,925
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Aug. 26, 2016 01:30 AM EDT Reads: 1,656
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Aug. 26, 2016 01:15 AM EDT Reads: 2,001
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 26, 2016 01:00 AM EDT Reads: 1,935
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 26, 2016 12:45 AM EDT Reads: 2,237
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 26, 2016 12:30 AM EDT Reads: 2,890
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aug. 25, 2016 11:45 PM EDT Reads: 2,270
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 25, 2016 10:45 PM EDT Reads: 1,861
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 25, 2016 10:15 PM EDT Reads: 1,708
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Aug. 25, 2016 09:15 PM EDT Reads: 2,191
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 25, 2016 09:00 PM EDT Reads: 1,694
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Aug. 25, 2016 08:45 PM EDT Reads: 1,381
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 25, 2016 06:30 PM EDT Reads: 1,929
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Aug. 25, 2016 05:15 PM EDT Reads: 682
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 25, 2016 04:15 PM EDT Reads: 470